Player One Amusement Group is proud to announce that we’ve entered into a binding agreement to become part of GENDA, a global leader in the entertainment space committed to delivering joy and fun on a worldwide scale.
This milestone marks an exciting new chapter in our story — one that will unlock new opportunities for innovation, growth, and deeper partnerships across North America.
While our journey with OpenGate Capital helped set the stage for transformation, GENDA brings a long-term vision that aligns with everything Player One Amusement Group stands for: best-in-class service, unforgettable guest experiences, and a passion for play.
A Message from Our CEO
"Joining GENDA represents a powerful alignment of vision, purpose, and passion. At Player One Amusement Group, we’ve always believed in creating entertainment experiences that bring people together and drive value for our partners. With GENDA’s global reach and shared commitment to fun, we’re incredibly excited for the road ahead. Together, we’ll continue to lead the industry — delivering more innovation, more connection, and more joy."
— John Kolliniatis, CEO, Player One Amusement Group
What does this mean for our customers and partners?
More support. More scale. More fun.
Player One Amusement Group will continue to operate with the same focus on service, quality, and partnership — now backed by a global entertainment powerhouse. GENDA operates iconic amusement venues like GiGO, with a diverse portfolio that includes arcades, karaoke, character merchandising, and more.
This transition empowers us to reach new heights, invest in innovation, and help our partners thrive in an ever-evolving entertainment landscape.
We’re grateful to OpenGate Capital for helping us build momentum — and we’re even more excited about what’s next with GENDA.
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Official Press Release:
OpenGate Capital Enters into Binding Agreement to Sell Player One Amusement Group to GENDA
April 9, 2025
NEW YORK, NEW YORK / PARIS, FRANCE – April 9, 2025 – OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of Player One Amusement Group (“Player One”), a best-in-class experiential entertainment for consumers, to GENDA (TSE: 9166).
OpenGate acquired Player One from Cineplex (TSX: CGX) in 2024 through a corporate carve-out.
Player One is an amusement services provider based in Toronto, Ontario serving customers across Canada and the US. The business provides amusement gaming equipment and outsourced operations and maintenance support to customers seeking to drive superior location profitability and create a best-in-class consumer experience. In addition, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America. Customers include theater chains, resorts, golf entertainment centers, trampoline parks, and bowling centers.
The transaction is subject to customary regulatory approvals and is expected to close in Q3 2025.
About OpenGate Capital
OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth. Established in 2005, OpenGate Capital is headquartered in New York with a European office in Paris, France. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build, and scale successful businesses. To date, OpenGate Capital has executed more than 40 platform acquisitions across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com.
About GENDA
GENDA is an entertainment company that aims to build a global entertainment network and increase the “total amount of fun” distributed throughout the world. It operates a wide range of businesses in entertainment, including Amusement, Karaoke, Character Merchandising, Food & Beverage and Contents & Promotions (movies, interactive content, etc.). GENDA operates approximately 800 amusement arcades such as “GiGO” and the karaoke chain “Karaoke BanBan” in Japan and abroad, as well as approximately 11,000 mini-locations (non-staffed gaming corners). GENDA operates in Japan, the United States, mainland China, Taiwan, the United Kingdom, the Middle East, Vietnam and the Netherlands; For more information, please visit www.genda.jp.
For More Information, Please Contact:
OpenGate Media Contact:
Profile Advisors
Email: Pro-opengate@profileadvisors.com
OpenGate Contact:
Joshua Adams
Partner
Email: jadams@opengatecapital.com
Telephone: +1 (212) 400 7400
Player One Amusement Group Media Contact:
Michael Williams
Director of Marketing
Email: Michael.Williams@P1-AG.com
