Providence Equity Partners and TEG-backed Ambassador Theatre Group to merge with Jujamcyn Theaters.

Providence Equity Partners and TEG-backed Ambassador Theatre Group, a live-theatre and ticketing organization, agreed to merge with Jujamcyn Theaters, an innovative Broadway theatre owner and production company. Financial terms were not disclosed. "We are delighted to be combining our operations with Jujamcyn. Our combined expertise and capabilities will enable producers and other creatives to bring their visions to life and create the unimaginable for our audiences. We are excited by the further development opportunities for our valued employees. I look forward to working with Jordan, Hal and the team at Jujamcyn to continue creating shows that touch, move, and unite people,” Mark Cornell, ATG CEO.