Search company, investor...

Family Entertainment Group

Founded Year



Acq - Fin | Alive

About Family Entertainment Group

Family Entertainment Group, founded in 2003, is an outsourced designer, developer and operator of arcade and amusement solutions at family entertainment centers. FEG's services range from arcade game brokerage and facility design to fully outsourced amusement facility management. FEG operates family entertainment and amusement facilities for blue-chip customers within several industries, including indoor waterpark resorts, hotels, amusement parks, bowling centers, movie theaters and restaurants. It is based in Itasca, Illinois.

Headquarters Location

1265 Hamilton Parkway

Itasca, Illinois, 60143,

United States


Missing: Family Entertainment Group's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Family Entertainment Group's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Family Entertainment Group News

July 21, 2022 - H.I.G. Capital Completes Acquisition of Family Entertainment Group

Oct 18, 2022

MIAMI – July 21, 2022 – H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $50 billion of equity capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Family Entertainment Group Holdings, LLC (“Family Entertainment Group” or the “Company”). Founded in 2004 and headquartered in Itasca, Illinois, Family Entertainment Group is an industry leading designer, developer, and operator of amusement facilities. The Company provides turnkey outsourced facility management services of arcade operations on behalf of resorts, hotels, casinos, and amusement parks. Through its market leading position and industry expertise, Family Entertainment Group enhances customer experience and maximizes revenue on behalf of its facility partners. Additionally, the Company owns and operates standalone family entertainment centers under the In The Game, Max Action, and Bonkers brands. Family Entertainment Group operates nearly 60 state-of-the-art locations throughout the U.S. H.I.G. is partnering with George Smith, Founder and Chief Executive Officer, as well as the current management team, to provide support and resources to take advantage of the Company’s significant strategic growth initiatives across a large and rapidly growing end market. Mr. Smith commented “We are thrilled to embark on the Company’s next chapter of growth through our partnership with H.I.G. This partnership will allow us to continue investing in the technology and equipment required to deliver unique experiences for our customers. The Company has tremendous opportunities to expand with new and existing partners and H.I.G.’s resources will help us continue our long track record of growth.” “The acquisition of Family Entertainment Group represents an ideal opportunity to partner with the market leading provider of outsourced arcade operations,” added Ryan Kaplan, Managing Director at H.I.G. “We are looking forward to partner with George, an industry pioneer, and the rest of the executive team as they look to accelerate the Company’s growth.” About Family Entertainment Group Founded in 2004 and headquartered in Itasca, Illinois, Family Entertainment Group is the industry leader in game room and entertainment center design, development, consultation, and operations. The Company’s industry expertise, systems, and scale allow its facility partners to optimize profitability and focus on their core competency. The Company’s owned and operated locations throughout the U.S., provide innovative customer experiences in highly inviting atmospheres. Family Entertainment Group’s state-of the-art games and attractions provides for a memorable, family-oriented experience across nearly 60 locations through the country. The Company has over 1,000 employees, led by industry pioneer, George Smith, and a highly experienced and tenured management team. About H.I.G. is a leading global private equity and alternative assets investment firm with $50 billion of equity capital under management. * Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at . * Based on total capital commitments managed by H.I.G. Capital and affiliates.

Family Entertainment Group Frequently Asked Questions (FAQ)

  • When was Family Entertainment Group founded?

    Family Entertainment Group was founded in 2003.

  • Where is Family Entertainment Group's headquarters?

    Family Entertainment Group's headquarters is located at 1265 Hamilton Parkway, Itasca.

  • What is Family Entertainment Group's latest funding round?

    Family Entertainment Group's latest funding round is Acq - Fin.

  • Who are the investors of Family Entertainment Group?

    Investors of Family Entertainment Group include H.I.G. Capital, TZP Group and Balance Point Capital Partners.

  • Who are Family Entertainment Group's competitors?

    Competitors of Family Entertainment Group include Main Event Entertainment and 4 more.

Compare Family Entertainment Group to Competitors

Podium Karting & Events

Podium Karting & Events is an entertainment service provider. It takes fun, mixes in excitement, adrenaline, friendly competition, and a place to socialize to create an entertainment oasis for both corporations and friends and family to enjoy. It was founded in 2009 and is based in Denver, Colorado.

Actev Motors Logo
Actev Motors

Actev Motors was formed in 2014 with the mission of transforming the recreational and utility vehicle market. Actev is leveraging technology found in smartphones and high-end cars to create these vehicles. The company's first product is the Arrow Smart-Kart -- a go-kart aimed at five to nine-year-old kids. Actev Motors was founded by former Nest CEO Tony Fadell and Dave Bell, The Smart-Kart is said to be the first electric go-kart for children. An app connects to the vehicle via Wi-Fi to enable parents to control maximum speeds (of up to 12 miles per hour), an emergency stop button, and a virtual "geofence" that can let parents control the range of the vehicle. The app also tracks speed, driving time, and distance.

The Sports Facilities Companies

The Sports Facilities Companies (SFC) is a management and development services company. It provides financial forecasts, funding, management, and more. SFC was founded in 2003 and is based in Clearwater, Florida.

Family Leisure Logo
Family Leisure

Family Leisure is a supplier of leisure products. It provides hot tubs and spas, patio furniture, outdoor entertainment, game tables, home furniture, and more. It was founded in 1967 and is based in Indianapolis, Indiana.

K1 Speed Logo
K1 Speed

K1 Speed operates indoor go kart racing centers in California, Washington, Florida, and Arizona. Amenities include electric karts, indoor entertainment venues, pit cafes, meeting rooms, and pool tables. The company was founded in 2003 and is based in Irvine, California.

Flipper's Roller Boogie Palace

Flipper's Roller Boogie Palace is a family-operated roller rink. It hosts music and skating events and sells tickets online. It also offers hoodies, jerseys, hats, bags, skates, and more. It was founded in 1979 and is based in Santa Monica, California.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.