M&A Deal Summary

Strong Global Entertainment Acquires Innovative Cinema Solutions

On November 3, 2023, Strong Global Entertainment acquired information technology company Innovative Cinema Solutions

Acquisition Highlights
  • This is Strong Global Entertainment’s 1st transaction in the Information Technology sector.
  • This is Strong Global Entertainment’s 2nd transaction in the United States.
  • This is Strong Global Entertainment’s 1st transaction in Kansas.

M&A Deal Summary
Date 2023-11-03
Target Innovative Cinema Solutions
Sector Information Technology
Buyer(s) Strong Global Entertainment
Deal Type Add-on Acquisition

Target

Innovative Cinema Solutions

Shawnee, Kansas, United States
Innovative Cinema Solutions provides on-site and remote managed services and support, system engineering and design services, system integration, product procurement, and event management and rentals. Innovative Cinema Solutions is based in Shawnee, Kansas.

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Buyer(S) 1

Buyer

Strong Global Entertainment

Charlotte, North Carolina, United States
Category Company
Sector Media
Employees198
Revenue 39M USD (2022)
DESCRIPTION

Strong Global Entertainment develops and produces original feature films and television series, as well as acquires third party rights to content for global multi-platform distribution. Strong Global Entertainment is based in Charlotte, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Kansas) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-13 Unbounded Media

Media, Pennsylvania, United States

Unbounded Media is an independent media and creative production company creates continuous content channels that meet the demand for video consumption for branded clientele and their consumers. Unbounded Media is based in Media, Pennsylvania.

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