FunBox Entertainment Ltd acquired by well known industry names
Sega Amusements International has acquired FunBox Entertainment UK Ltd from USA-based Village Holdings LLC. Funbox is best known for its revolutionary amusement concept operated by Matthew Deith, supported by Albert Corrigan within the Gravity brand.
Williams, Deith & Corrigan have created a new company, Urban Fun Ltd, to function as a holding company to incorporate FunBox Entertainment UK and its sister company in Germany FunBox Gmbh.
Paul William, CEO and owner of Sega Amusements International will take position as CEO, with the support of Matthew Deith as managing director, and Albert Corrigan will fill the role of operations director.
FunBox was first seen at Gravity Wandsworth, London, and soon to be in Liverpool this autumn, where it will form a core part of this newest Gravity venture, with Westfield Stratford following shortly after.
Paul Williams said: “I have known Matthew for almost 27 years, dating back to when his father Bob Deith employed me at Segaworld at the Trocadero. Matthew and Albert have created a first-class operation and continue to exceed the expectations of the UK customer, I amexcited and delighted to be able to work with and support them. We have exciting new ventures underway, and we look forward to officially announce them soon.”
Matthew Deith added: “I am looking forward to the prospect of working alongside Paul and the synergies that this relationship will produce. As partners, we will grow the business rapidly continuing to lead the industry in both innovation and technology.”
FunBox first appeared on the UK scene in 2021 offering a new and exciting approach incorporating both a cashless and ticketless environment which was revolutionary to the industry. GamerGreen, the digital redemption company that introduced the new-to-the-world cashless and ticketless platform will continue to power FunBox. GamerGreen offers an extensive online store from which players can choose their prizes via their mobile phone, PC, or self-service Kiosk. Amazon Prime then delivers the prizes directly to players’ doors. GamerGreen will continue to grow as an owned subsidiary and an exclusive part of FunBox.