M&A Deal Summary

Marwit Capital and Fifth Street Capital Acquire Storyteller Theatres

On July 1, 2008, private equity firm Marwit Capital and lender Fifth Street Capital acquired media company Storyteller Theatres

Acquisition Highlights
  • This is Marwit Capital’s 1st and Fifth Street Capital’s 2nd transaction in the Media sector.
  • This is Marwit Capital’s 22nd and Fifth Street Capital’s 16th transaction in the United States.
  • This is Marwit Capital’s 1st and Fifth Street Capital’s 1st transaction in New Mexico.

M&A Deal Summary

Date 2008-07-01
Target Storyteller Theatres
Sector Media
Buyer(s) Marwit Capital
Fifth Street Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Storyteller Theatres

Santa Fe, New Mexico, United States
Storyteller Theatres is a movie theatre exhibition company that operates 9 theatres comprising 70 screens in New Mexico, Colorado, Arizona, and Wyoming.

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) 2

Buyer

Marwit Capital

Newport Beach, California, United States

Category Private Equity Firm
Founded 1962
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Marwit Capital Partners is a private equity group that targets West Coast based small company investments. Marwit generally invests $10 to $40 million of capital in businesses with $20 to $200 million of revenue. Marwit will consider both control and non-control situations. Prospective transactions include management buyouts, leveraged buyouts, corporate divestitures, recapitalizations, and expansion financings. Sectors of interest include manufacturing, business services, consumer products and services, healthcare services, food, food services, restaurants, and fanchising. Marwit is licensed as a SBIC. Marwit Capital was formed in 1962 and is based in Newport Beach, California.


DEAL STATS #
Overall 23 of 26
Sector: Media M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 14 of 14
State: New Mexico M&A 1 of 1
Country: United States M&A 22 of 25
Year: 2008 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-07 Arc Machines

Pacoima, California, United States

ARC Machines, Inc. is in the development and manufacturing of automated orbital welding systems, including power supplies, weld heads, arc zone vision systems and related accessories for industrial and diverse infrastructure applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-15 Western Emulsions

Tucson, Arizona, United States

Western Emulsions, Inc. is a manufacturer of asphalt-related pavement rejuvenation and resurfacing products and services in the Western United States.

Buy -
DESCRIPTION

Fifth Street Capital is a public investment firm focused on providing mezzanine financing to support expansions, acquisitions, recapitalizations, and management buyouts of middle-market US based companies. Fifth Street looks to invest between $5 and $50 million per transaction. Sectors of interest include consumer products, healthcare services, manufacturing, medical device manufacturing, food services, business services, restaurants, speciality retail, logistics, and value added distribution. Fifth Street Capital is based in White Plains, New York.


DEAL STATS #
Overall 17 of 70
Sector: Media M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 7 of 27
State: New Mexico M&A 1 of 1
Country: United States M&A 16 of 69
Year: 2008 M&A 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-09 U.S. Retirement & Benefits Partners

Iselin, New Jersey, United States

U.S. Retirement & Benefits Partners is an independent K-12 public school and governmental employee benefits and retirement planning services firm. The company serves educational, governmental, corporate, union, and non-profit employers with the care and attention that their employees deserve, helping them make retirement planning decisions that align with their goals and objectives and benefit choices suited for their personal needs by providing customers with resources and tools. U.S. Retirement & Benefits Partners was founded in 2008 and is based in Iselin, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-15 Western Emulsions

Tucson, Arizona, United States

Western Emulsions, Inc. is a manufacturer of asphalt-related pavement rejuvenation and resurfacing products and services in the Western United States.

Buy -