M&A Deal Summary

Carmike Cinemas Acquires Digital Cinema Destinations

On August 15, 2014, Carmike Cinemas acquired media company Digital Cinema Destinations

Acquisition Highlights
  • This is Carmike Cinemas’ 5th transaction in the Media sector.
  • This is Carmike Cinemas’ 5th transaction in the United States.
  • This is Carmike Cinemas’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2014-08-15
Target Digital Cinema Destinations
Sector Media
Buyer(s) Carmike Cinemas
Deal Type Add-on Acquisition

Target

Digital Cinema Destinations

Westfield, New Jersey, United States
Digital Cinema Destinations Corp. is a operator of digital cinema, 3-D cinema deployments and one of the nation's largest motion picture exhibitors.

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Buyer(S) 1

Buyer

Carmike Cinemas

Columbus, Georgia, United States
Category Company
Founded 1986
Sector Media
Employees7,800
Revenue 804M USD (2015)
DESCRIPTION

Carmike Cinemas, Inc. is a digital cinema and 3D cinema deployments and motion picture exhibitors. Carmike has 276 theatres with 2,954 screens in 41 states. The circuit includes 55 premium large format (PLF) auditoriums featuring state-of-the-art technology and luxurious seating, including 32 "BigDs," 21 IMAX auditoriums and two MuviXL screens.

DEAL STATS #
Overall 5 of 6
Sector (Media) 5 of 6
Type (Add-on Acquisition) 3 of 4
State (New Jersey) 1 of 1
Country (United States) 5 of 6
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-15 Start Media/Digiplex

United States

Start Media/Digiplex LLC owns and operates a theaters.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 Sundance Cinemas

Westlake Village, California, United States

Sundance Cinemas LLC operates movie theaters.

Buy $36M
Mergr

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Company

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