M&A Deal Summary

Bow Tie Cinemas Acquires Clearview Cinemas Theaters

On June 27, 2013, Bow Tie Cinemas acquired leisure company Clearview Cinemas Theaters from Altice

Acquisition Highlights
  • This is Bow Tie Cinemas’ 1st transaction in the Leisure sector.
  • This is Bow Tie Cinemas’ 1st transaction in the United States.

M&A Deal Summary

Date 2013-06-27
Target Clearview Cinemas Theaters
Sector Leisure
Buyer(s) Bow Tie Cinemas
Sellers(s) Altice
Deal Type Divestiture

Target

Clearview Cinemas Theaters

United States
Clearview Cinemas Theaters LLC operates chain of community-centered movie theaters that target families and value-oriented older audiences.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bow Tie Cinemas

Ridgefield, Connecticut, United States

Category Company
Founded 1900
Sector Media
DESCRIPTION

Bow Tie Cinemas is a four generation family-owned entertainment business founded over a century ago by motion picture industry pioneer B.S. Moss. The company’s mission is to return style and elegance to the movie-going experience.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Altice

Long Island City, New York, United States

Category Company
Founded 2015
Sector Media
Employees10,900
Revenue 9.0B USD (2024)
DESCRIPTION

Altice is a telecommunications, media, and entertainment company with a portfolio of operations that includes digital television, voice and high-speed Internet services, some of the country's most-watched national television networks, and valuable local media and programming properties. Altice was founded in 2015 and is based in Long Island City, New York.


DEAL STATS #
Overall 1 of 4
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 3
Country: United States M&A 1 of 4
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-14 Bresnan Communications

Purchase, New York, United States

Bresnan Communications LLC operates cable television systems serving approximately 300,000 basic subscribers in Montana, Wyoming, Colorado and Utah. Bresnan delivers advanced products and services such as high-speed Internet access, high-definition television, video-on-demand and telephone to residential and business customers across an upgraded network.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 Bresnan Communications

Purchase, New York, United States

Bresnan Communications LLC operates cable television systems serving approximately 300,000 basic subscribers in Montana, Wyoming, Colorado and Utah. Bresnan delivers advanced products and services such as high-speed Internet access, high-definition television, video-on-demand and telephone to residential and business customers across an upgraded network.

Sell $1.6B