Surge Closes Acquisition of Vending Company Bar Partners in USD 50m Deal.

MANews-(C)2009-2022

US-based investment firm Surge Private Equity LLC has closed the acquisition of US-based vending and amusement company Bar Partners, Inc, the firm said.

Bar Partners serves bars, nightclubs, movie theaters, and other entertainment venues.

Bar Partners will merge with Surge's existing portfolio company, Amuze Products LLC.

The transaction, valued at around USD 50m, closed with debt financing provided by Woodforest National Bank and BakerHostetler acting as lead counsel.

The combined entity will service 1,500+ customers across all 50 states and provide 80+ SKUs for end customers.

The founders of Bar Partners; Darren Delp, Stephen Lahti, and David Lahti, will retain equity in the consolidated entity and continue to operate the business alongside Amuze founders Phillip Brothers and Shawn Wiser.

For almost a decade, Amuze has developed proprietary, customized, electronic massage chairs and hurricane simulators featuring in-house live telemetry monitoring and maintenance services primarily for trampoline parks, amusement parks, and truck stops.

Bar Partners operates the same model but...

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