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New Deal


Announced

Cinepolis acquires Moviehouse & Eatery.

Financials

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Transaction Value-
Consideration Type-
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Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
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Tags

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Entertainment

Private

Pending

movie theatres

Friendly

United States

Acquisition

Single Bidder

Synopsis

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Cinépolis, the 2nd largest cinema operator in the world in terms of moviegoers, acquires Moviehouse & Eatery, an upscale dine-in movie theatre circuit in Texas. Financial terms were not disclosed. The acquisition expands Cinépolis USA's footprint, with no immediate plans to make any operational or guest-facing changes to the Moviehouse & Eatery brand. Moviehouse & Eatery will continue to operate independently until further notice and retain all existing employees, programs and scheduled events. "Cinépolis shares the same high standards that we maintain at Moviehouse & Eatery and it is the perfect company to take Moviehouse to the next level. We are excited that Cinépolis will expand the Moviehouse experience to people all across the country." Leslie Sloan, Moviehouse & Eatery co-founder.

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