Strike Holdings, LLC signed a purchase agreement to acquire AMF Bowling Worldwide, Inc. from Kingpin Holdings, LLC and others on May 17, 2013. The new company will be known as Bowlmor AMF. The new company will be jointly owned by Bowlmor, certain of AMF's second lien lenders, including an affiliate of Cerberus Capital Management, L.P. and Credit Suisse. The new company will include three different brands and categories of bowling centers, including Bowlmor Centers, Bowlero Centers and AMF Centers. Tom Shannon, Chairman, Chief Executive Officer and President of Bowlmor will head up the combined company. As of March 31, 2013, AMF reported total assets of $273.78 million. The deal is subject to third part approvals, all governmental approvals, consents and confirmations necessary in connection with the transaction, all applicable waiting periods under the HSR Act shall have expired or shall have been earlier terminated, all other necessary approvals under all applicable Antitrust Laws shall have been obtained and bankruptcy court order. The deal has been approved by bankruptcy court on June 24, 2013.

The consummation of the transaction shall take place on the second business day after the satisfaction of all of the conditions. Marcia Horowitz of Rubenstein Associates acted as the public relations advisor to Bowlmor AMF. Christopher J. Greeno, P.C., Jeffrey D. Pawlitz and Joshua A. Sussberg and Patrick J. Nash, P.C. of Kirkland & Ellis LLP and Dion W. Hayes, John H. Maddock III and Sarah B. Boehm of McGuireWoods LLP acted as the legal advisors to AMF Bowling Worldwide. Ben H. Logan of O'Melveny & Myers LLP and Neil Gold of Fulbright & Jaworski LLP acted as the legal advisors to Cerberus Series Four Holdings, LLC, Credit Suisse Loan Funding LLC, and Strike Holdings. Randi Lesnick of Jones Day acted as the legal advisor to Strike Holdings. Moelis & Company L.P. acted as the financial advisor to AMF Bowling Worldwide, Inc. Dion W. Hayes of McGuireWoods LLP acted as a legal advisor to AMF Bowling Worldwide, Inc.Ben Logan, Suzzanne Uhland and Jennifer Taylor of O'Melveny & Myers, LLP acted as legal advisors to AMF Bowling Worldwide. Jeff Marks, Erik Mengwall, Nicole Wright, David Barrack, David Schwartz, James Stahl and Neil Gold of Fulbright & Jaworski, LLP acted as a legal advisor to Bowlmor Holdings LLC.

Strike Holdings, LLC completed the acquisition of AMF Bowling Worldwide, Inc. from Kingpin Holdings, LLC and others on July 1, 2013.