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New Deal


Announced

Santikos to acquire The Grand Theatre and AmStar Cinemas from Veronis Suhler Stevenson.

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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United States

movie theatres

cinema chain

Entertainment

Acquisition

Domestic

Majority

Private Equity

Private

Pending

Friendly

Single Bidder

Synopsis

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Santikos Entertainment, an American movie theater and entertainment center chain, agreed to acquire The Grand Theatre and AmStar Cinemas, an American movie theatre, from Veronis Suhler Stevenson, a private equity firm. Financial terms were not disclosed. "We are thrilled to welcome our new team members and serve our new guests. Together we will continually evolve to create the best in-theater experience across the Southeast." Tim Handren, Santikos CEO.

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