Add-on Acquisition • Consumer Services

Cinemark Acquires Hoyts General Cinema South America

On August 26, 2011, Cinemark acquired consumer services company Hoyts General Cinema South America from Linzor Capital Partners

Acquisition Context
  • This is Cinemark’s 1st transaction in the Consumer Services sector.
  • This is Cinemark’s 1st transaction in Argentina.

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M&A Deal Summary

Date August 26, 2011
Target Hoyts General Cinema South America
Sector Consumer Services
Buyer(s) Cinemark
Sellers(s) Linzor Capital Partners
Deal Type Add-on Acquisition

Target Company

Hoyts General Cinema South America

Buenos Aires, Argentina
Hoyts is one of the cinema operators in the southern cone of Latin America.
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Buyer Overview 1

Buyer

Cinemark

Plano, Texas, United States

Category Company
Founded 1984
Sector Media
Employees9,252
Revenue 3.1B USD (2024)
DESCRIPTION

Cinemark is an operator of movie theaters in the United States, or U.S., Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay. Cinemark was incorporated in 1984 and is based in Plano, Texas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Argentina 1 of 1
Year: 2011 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-03 Sea Turtle Cinemas

Bluffton, South Carolina, United States

Sea Turtle Cinemas, Inc. is a operator of movie theatres in the Bluffton-Hilton.

Buy -

Seller Profile 1

SELLER

Linzor Capital Partners

Santiago, Chile

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Linzor Capital Partners is an asset management and private equity firm focused on Latin America. Linzor targets control investments in mid-sized businesses in need of operational improvement. The Firm's looks to invest between $20 and $85 million in companies valued up to $400 million. Linzor does not have any sector preferences. Linzor Capital Partners was formed in 2006 and has offices in Santiago, Chile; Buenos Aires; Mexico City; and Bogota.


Deal Context for Seller #
Overall 2 of 6
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 1 of 4
Country: Argentina 1 of 1
Year: 2011 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Moda en Distribución S.A.P.I. de C.V.

Naucalpan, Mexico

Moda en Distribución S.A.P.I. de C.V. is a wholesale distribution of branded frames and the retail commercialization of sunglasses and prescription glasses through its more than 325 points of sale located across the country. Moda en Distribución was founded in 2002 and is based in Naucalpan, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-31 TIP de Mexico

Cuautitlan Izcalli, Mexico

TIP de Mexico is a provider of trailer (dry vans) leasing, rental, maintenance and remarketing services. TIP de Mexico is based in Cuautitlan Izcalli, Mexico.

Buy -