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New Deal


Announced

Completed

Providence-backed Ambassador Theatre Group completed the acquisition of the three high​-end venues from Nederlander.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Entertainment

Majority

United States

Completed

Acquisition

movie theatres

Single Bidder

Private

Friendly

Cross Border

Synopsis

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Providence-backed Ambassador Theatre Group, a major international theatre, completed the acquisition of the three high​-end venues, including Fisher Theatre, Golden Gate Theatre and Orpheum Theatre, from Nederlander, an operator of live theatres and music venues. Financial terms were not disclosed. "These unique venues have been home to Broadway’s greatest shows, serving local and regional audiences for generations. We are confident that the ATG team will continue to look after the strong foundation that we have created with these theatres in their respective communities and to take them into this next decade with great success," Robert Nederlander, Nederlander Founder and CEO.

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