Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60M funding package to help it expand across the globe after agreeing the lending facility from Santander, HSBC and Barclays.
Red Engine, supported by its franchise partners, State of Play Hospitality and NightOwl Entertainment, opened four new sites in 2023 across the UK, US and Australia including Flight Clubs in Glasgow and Edinburgh, taking the total estate to 25 venues – 15 owned and 10 partner-owned. It expects to have 33 sites by the end of this year.
State of Play Hospitality is leading the growth of the Flight Club brand in the US, while all Electric Shuffle venues in the US are Red Engine-owned. NightOwl Entertainment is the Flight Club franchise partner for expansion across Australia.
Ross Shepley-Smith, CFO at Red Engine said earlier this year, “As we head towards the 10-year anniversary of the first Flight Club, it’s incredibly rewarding to see the business grow from strength to strength. We opened two new Scottish venues in Glasgow and Edinburgh last year and our franchise partners opened a further two sites in Fremantle, Australia and Denver, United States. All our sites hit new sales records in 2023 and our newest Scottish additions to the estate far exceeded our expectations.”
