M&A Deal Summary |
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Date | 2018-11-02 |
Target | Movie Tavern Partners |
Sector | Media |
Buyer(s) | Marcus |
Sellers(s) | Southern Theatres |
Deal Type | Divestiture |
Deal Value | 126M USD |
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Marcus is an owner and operator of theaters and other entertainment options across the Midwest US. Marcus' theatre division, Marcus Theatres, currently owns or manages 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. Marcus was founded in 1935 and is based in Milwaukee, Wisconsin.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Media) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Texas) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Southern Theatres, LLC is in the theatre business with his family for over 50 years and launched Southern Theatres to develop and operate state-of-the art multiplex stadium-seating movie theatres.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Media) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Texas) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2013-09-12 |
Movie Tavern Partners
Dallas, Texas, United States Movie Tavern Partners LP is a provider of cinema eatery segment catering to adults and families with 16 high-quality theatres and 130 digital screens in seven states. Movie Tavern combines first-run movies with a casual dining menu and alcoholic beverages with full-service, in-auditorium dining. The company operates multiple locations in the following markets: Dallas/Ft. Worth (6), Houston (3), Atlanta (2), with additional locations in the Philadelphia, Denver, Columbus, Lexington and Williamsburg markets. |
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