Launch Acquires AirTime Trampoline & Game Park
Family entertainment and action park expands its national footprint
WARWICK, R.I. - March 21, 2019 // PRNewswire // - Launch Trampoline Park - a leading family entertainment and action park franchise - announced today that it has acquired Michigan-based AirTime Trampoline & Game Park.
The acquisition of AirTime, which launched in 2012, will add to Launch's rapidly growing portfolio of franchised locations throughout the United States. Launch, one of the fastest-growing family entertainment franchises, currently has 28 open parks in 13 states and is targeting 40+ operational by year-end, with many more in the pipeline. The company was recently recognized as one of the top 250 franchises in the United States according to Entrepreneur Magazine's 2019 rankings.
"We are thrilled to bring AirTime into the Launch portfolio and expand our geographic reach in the Midwest," said Travis Kososki, Launch's CFO and Head of Business Development. "Launch continues to execute on our dual-pronged strategy of growing organic franchise locations and pursuing strategic tuck-in acquisitions. This acquisition brings strategic benefits to all of our franchisees and helps provide a better guest experience for our customers."
Founded in 2012, Launch provides children and adults of all ages with endless fun. Launch's family entertainment and action parks include wall-to-wall, inter-connected trampolines with angled trampoline walls, as well as signature trampoline courts dedicated to dodgeball and slam dunk basketball.
Launch parks also feature ninja courses, towering rope courses, laser tag arenas, virtual reality rooms, foam pits, and full redemption arcades with 30+ games. Krave, an in-house restaurant concept, allows guests to make their own pizza creations fresh to order, as well as ice cream sundaes, offering an interactive and delicious dining option.
"We have always admired AirTime's commitment to its local communities and to the family entertainment industry as a whole," said Launch co-founder and CEO Rob Arnold. "We are thrilled to be able to expand our national presence through AirTime and to bring the Launch experience to those communities."
In addition to its operating parks, Launch has an active growth pipeline of 30+ actions parks in development in California, Colorado, Delaware, Florida, Georgia, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Texas and Virginia.
About Launch Trampoline Park
Founded in 2012 by entrepreneur Rob Arnold and former NFL star and three-time Super Bowl champion Ty Law, Launch Trampoline Park is an innovative leader in the family entertainment industry. A year-round action park featuring giant jumping surfaces, dodge ball courts, ninja courses, laser tag arenas, and more, Launch is an ideal place for kids and adults alike to let loose while also providing a great environment for families to spend time together. For more information, visit www.launchtrampolinepark.com.
SOURCE Launch Trampoline Park
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances
- Business Services
- Cleaning and Maintenance
- Financial Services
- Franchise Consultants
- Health and Wellness
- Home Services
- Senior Care
- Service Brands
- Small Business