M&A Deal Summary

EVO Entertainment Group Acquires ShowBiz Cinemas

On January 3, 2022, EVO Entertainment Group acquired media company ShowBiz Cinemas

Acquisition Highlights
  • This is EVO Entertainment Group’s 2nd transaction in the Media sector.
  • This is EVO Entertainment Group’s 2nd transaction in the United States.
  • This is EVO Entertainment Group’s 2nd transaction in Texas.

M&A Deal Summary
Date 2022-01-03
Target ShowBiz Cinemas
Sector Media
Buyer(s) EVO Entertainment Group
Deal Type Add-on Acquisition

Target

ShowBiz Cinemas

Dallas, Texas, United States
ShowBiz Cinemas is an independently owned and operated entertainment operator offering bowling, movies, games, food and more across 9 entertainment venues with 89 screens and 70 bowling lanes across Texas, Oklahoma, Florida, and Wyoming. ShowBiz Cinemas was founded in 2007 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

EVO Entertainment Group

San Marcos, Texas, United States
Category Company
Founded 2014
Sector Media
DESCRIPTION

EVO Entertainment Group is an out-of-home entertainment brand comprised of cinemas, restaurants, bars and entertainment centers. With its out-of-the-box thinking, creative style, and beautiful state of the art concepts, EVO Entertainment Group is gaining international attention as a name to watch.

DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-17 Fritztown Entertainment

Fredericksburg, Texas, United States

Fritztown Entertainment primarily consisting of Fritztown Cinema and The Backyard, a 2,500-capacity outdoor amphitheater in Fredericksburg, Texas.

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