State of Play Hospitality

State of Play Hospitality
Date: March 2022
Deal: Growth capital raise of over $35 million
About the client: State of Play Hospitality is a rapidly growing international operator of technology-enabled, premium experiential entertainment concepts. Since launching its first concept, Bounce, in London in 2012, State of Play has gone on to launch and operate several more industry leading experiential concepts in the USA and UK including AceBounce, Flight Club (operated under licence), and Hijingo.
About the transaction: Akur acted as exclusive financial adviser to State of Play Hospitality on the fund raise.

Toby Harris, CEO of State of Play, said: “Akur Capital were involved from the outset and instrumental in bringing this complex transaction together. Akur’s in depth industry knowledge, transaction expertise and commitment to the deal were first class.”

Lead: Simon Croft-Baker
Esports Entertainment Group

 
 

Chris Young…

Chris is focused on listed closed-ended funds, specialising in both equity and debt capital fundraising. He has over 16 years’ experience in both sales and research. With relationships across many of the large institutional investors in the sector, he has worked across IPOs, secondary fundraisings, placings and sales. He began his career in the City as an investment funds analyst at Credit Lyonnais in 1999, and has subsequently held positions at Lazard Panmure Gordon, Arbuthnot Securities, and most recently as a specialist salesman within the investment funds team at Westhouse Securities. He is focused on private and public real estate and REITs, infrastructure and utilities, emerging markets, private equity and alternatives. Tel: +44 (0) 20 3780 8746 Mob: +44 (0) 7471 141 303 Email: cyoung@akur.co.uk