Close Menu
  • CURRENT ISSUE
    • Cover Story
    • Profiles – Companies, Products & People
    • Spotlight Feature
    • VR Spotlight
    • Favorites & Special Reports
    • Bob Cooney Special Reports
    • Editorial
    • Datebook
    • Columns
      • Q&A with AMOA
      • Q&A with AAMA
      • NOW TRENDING by Howard McAuliffe & Nick DiMatteo
      • George McAuliffe’s GAMEROOM GURU
      • Adam Pratt’s ENDGAME
      • Jack Guarnieri’s JERSEY JACK
      • Beth Standlee’s PARTY PROFESSOR
      • Clint Novak’s PRIZE PATROL
      • FUN ACROSS AMERICA
      • Frank Seninsky’s FRANK TALK
      • Tom Fricke’s REDEMPTION & THE LAW
      • Randy White GUEST ESSAY
  • INSTANT REPLAY
  • PODCASTS & VIDEOS
    • The RePlay Podcast
    • Machines, Myths & Legends
    • Older Audio/Video Archive
  • GET REPLAY
    • Subscriptions
    • Sample Copies
    • Order Back Issues
    • Index
  • ABOUT
    • About RePlay Magazine
    • Meet the Team
    • Cookie Policy
  • LINKS
  • CONTACT
Facebook X (Twitter) Instagram
Trending
  • Bowl Expo 2025 Rolls on in D.C.
  • Prize Patrol – July 2025
  • Endgame – July 2025
  • Jersey Jack – July 2025
  • Now Trending by Nick DiMatteo – July 2025
  • Bob Cooney – The Experience Economy 2.0
  • Editorial – July 2025
  • AAMCF Invites You: Volunteer with Sunrise
X (Twitter) Facebook RSS Instagram YouTube
RePlay Magazine
  • CURRENT ISSUE
    • Cover Story
    • Profiles – Companies, Products & People
    • Spotlight Feature
    • VR Spotlight
    • Favorites & Special Reports
    • Bob Cooney Special Reports
    • Editorial
    • Datebook
    • Columns
      • Q&A with AMOA
      • Q&A with AAMA
      • NOW TRENDING by Howard McAuliffe & Nick DiMatteo
      • George McAuliffe’s GAMEROOM GURU
      • Adam Pratt’s ENDGAME
      • Jack Guarnieri’s JERSEY JACK
      • Beth Standlee’s PARTY PROFESSOR
      • Clint Novak’s PRIZE PATROL
      • FUN ACROSS AMERICA
      • Frank Seninsky’s FRANK TALK
      • Tom Fricke’s REDEMPTION & THE LAW
      • Randy White GUEST ESSAY
  • INSTANT REPLAY
  • PODCASTS & VIDEOS
    • The RePlay Podcast
    • Machines, Myths & Legends
    • Older Audio/Video Archive
  • GET REPLAY
    • Subscriptions
    • Sample Copies
    • Order Back Issues
    • Index
  • ABOUT
    • About RePlay Magazine
    • Meet the Team
    • Cookie Policy
  • LINKS
  • CONTACT
RePlay Magazine
You are at:Home»INSTANT REPLAY»Timezone Joins Up With Quadrant Equity 

Timezone Joins Up With Quadrant Equity 

0
By Casey Minter on November 15, 2017 INSTANT REPLAY
Malcolm Steinberg

The Timezone Group has partnered with Quadrant Private Equity to create “The Entertainment and Education Group” (TEEG). Timezone was founded by Malcolm Steinberg in 1978 in Perth, Australia and has today grown into a world leading Family Entertainment and Education business with approximately 200 Timezone and Timezone Play & Learn stores across six countries, primarily in South East Asia.

TEEG will be led by Timezone’s current team of Managing Director Scott Blume and Timezone Group CEO Sonaal Chopra. Both Malcolm and Adam Steinberg will remain with TEEG as part of the board overseeing the business together with Chris Hadley and Jonathon Pearce from Quadrant.

Adam Steinberg

Said Malcolm Steinberg: “Over the last 40 years, our business has achieved great success and overseen re-invention and recreation of the brand as we continue to serve our 8 million customers every year. We have a highly experienced management team in place led by Scott Blume and Sonaal Chopra. With Quadrant’s investment, we are excited to take on an experienced and credentialed investor who will help drive the business further and to greater heights.”

TEEG’s strategy is to invest significant growth capital across Australia and Asia to capitalise on the rapid growth they see in the entertainment and early education sectors and in growing consumer spending habits. Private consumption growth across South East Asia is forecast to be over 30% across the next five years and largely focussed on education, entertainment and leisure, the firm advised.

Quadrant’s Exec. Chairman Chris Hadley said: “We are delighted to be partnering with the team at Timezone overseen by Adam Steinberg and Scott Blume. The business fits with the investment strategy of Quadrant of investing in strong brands, experienced management teams and businesses with significant growth opportunities. We intend to deploy substantial capital to grow the business in Australia and throughout Asia.”
Adam Steinberg Chris Hadley Malcolm Steinberg Quadrant Private Equity TEEG The Entertainment and Education Group Timezone Group
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSugarloaf/NEN Turns 30!  
Next Article LAI’s Virtual Rabbids Hits Orlando 

Related Posts

Bowl Expo 2025 Rolls on in D.C.

AAMCF Invites You: Volunteer with Sunrise

Altitude Trampoline Park Passes Mid-Year Milestone

Comments are closed.







RePlay Logo

RePlay Magazine is a monthly trade publication covering the game center and route business. Since 1975, RePlay has been reporting on the equipment, people and trends that have made "coin-op" a fun and exciting business.

Get the FREE Instant RePlay Newsletter

Sign up and receive newsletters to keep you in the know.


© 2025 RePlay Magazine - All rights reserved. For permission to reproduce content, email editor@replaymag.com.
  • About
  • Privacy
  • Contact

Type above and press Enter to search. Press Esc to cancel.