Activate Tops Financial Times Rankings as Fastest-Growing Leisure & Entertainment Company in Americas
Event summary
- Activate ranked #1 fastest-growing Leisure & Entertainment company in the Americas for the second consecutive year by Financial Times.
- Company also named Canada's fastest-growing company, placing #11 across all industries in the Americas.
- Activate opened 10 new locations in 2026 and surpassed 10 million global visits.
- Doubled credit facility to $72 million with EDC and RBC Royal Bank for expansion to 100 locations by 2027.
The big picture
Activate's consecutive #1 rankings highlight the growing demand for experiential entertainment, particularly among younger demographics. The company's strategic focus on international expansion positions it to capitalize on global leisure trends, though execution risks remain as it scales operations across diverse markets. With a strong financial backing and proven growth trajectory, Activate is emerging as a key player in the competitive leisure and entertainment sector.
What we're watching
- Expansion Pace
- Whether Activate can sustain its rapid global expansion while maintaining profitability.
- Market Differentiation
- How the company's live-action gaming model will compete against traditional entertainment options.
- Funding Utilization
- The effectiveness of the $72 million credit facility in supporting its 100-location target by 2027.
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