Periscope Equity backs Amusement Connect
The Kansas City payments platform serves more than 800 customers and 3,000 locations across family entertainment and amusement venues.
Takeaways
- Amusement Connect is a provider of cashless payment solutions for amusement and family entertainment venues.
- Periscope Equity is acquiring Amusement Connect.
- The target serves route operators and family entertainment centers across United States.
Periscope Equity invested in Amusement Connect, a Kansas City-based provider of cashless payment hardware and cloud software for amusement venues.
Amusement Connect serves more than 800 customers across 3,000-plus locations, including family entertainment centers, arcades, bowling centers, skating rinks, bar-cades and restaurants.
Periscope said it will support new product development, sales and marketing expansion, and international growth; Bigelow advised on the transaction, with Western & Southern Financial Group providing credit financing; terms were not disclosed.
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