Family Entertainment Group (“FEG”), a market-leading designer, developer, and operator of world-class family oriented entertainment and amusement gaming facilities has recently acquired Hollywood Park Family Entertainment Center in Crestwood, Illinois. This transaction is one of many acquisitions by FEG and the third in the last twelve months. Hollywood Park joins other successful parks and entertainment centers owned by FEG including Bonkers Fun House, in Peabody, Massachusetts, Funtrackers in Corpus Christi, Texas, and GameRoom Sawgrass located in Sunrise, Florida.
Hollywood Park is a very successful family entertainment center located in Chicago’s south suburbs. The entertainment center features a fun collection of Hollywood memorabilia, a family restaurant, large, multi-level game room, bumper cars, electric go karts and two award-winning mini golf courses.
Hollywood Park was owned and operated by Chris Paliga and his family since the mid 90’s and when the opportunity came to sell the business he knew it would be in good hands with FEG. Paliga commented, “I might not have sold my property to anyone other than George Smith and FEG. I have a commitment to this business, the Hollywood Park leadership team and the community – and FEG has the resources to improve on the park.”
According to Ray Smith, Director of Business Development at FEG, “The acquisition of Hollywood Park aligns with our strategy of identifying and acquiring high-quality, well-operated locations and driving the business to the next level.”
As part of the acquisition, Family Entertainment Group is excited to enhance the facility over the next year with a completely new games package, 4 lanes of mini bowling, restaurant seating expansion, addition of 4 new private party rooms, renovation of the façade and addition of outdoor entertainment elements.
Family Entertainment Group is a recognized industry leader in game room design, development, consulting and operations. Owning and operating world-class, family oriented entertainment facilities both nationally and internationally since 2004, FEG provides services and innovative arcade solutions for a wide array of industry sectors including water park resorts, amusement parks, bowling centers, casinos, family entertainment centers, hotels, movie theaters, restaurants, retail stores, water parks and more.
