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Evo Entertainment Group Acquires Showbiz Cinemas

PRIVATEJan 03, 2022

Acquiring Company

EVO Entertainment Group

Acquired Company

ShowBiz Cinemas

SoftwareMobileSoftwareMobile

Description

EVO Entertainment Group ("EVO") and ShowBiz Cinemas ("ShowBiz"), two leading innovators in motion picture entertainment, announced today that they have closed a transaction under which EVO has acquired 100% of the stock of Showbiz Cinemas in an all-cash deal.

Quick answer

EVO Entertainment Group is acquiring ShowBiz Cinemas, announced January 3, 2022.

How much did EVO Entertainment Group pay for ShowBiz Cinemas?
The deal value was not disclosed.
What does EVO Entertainment Group do?
EVO Entertainment Group is an Austin based out-of-home entertainment operator comprising several innovative brands including EVO Entertainment, EVO Cinemas, and EVO Concerts.

Source: Fundz verified event record.

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Company Information

Company

EVO Entertainment Group

About

EVO Entertainment Group is an Austin based out-of-home entertainment operator comprising several innovative brands including EVO Entertainment, EVO Cinemas, and EVO Concerts. Since its launch in 2014, EVO has gained a reputation as a leader in innovation, as well as one of the fastest growing independent cinema circuits in the country.

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Frequently asked

Who acquired ShowBiz Cinemas?

ShowBiz Cinemas was acquired by EVO Entertainment Group. The deal was reported on January 3, 2022. EVO Entertainment Group is an Austin based out-of-home entertainment operator comprising several innovative brands including EVO Entertainment, EVO Cinemas, and EVO Concerts. EVO Entertainment Group is privately held and operates in Software.

When did EVO Entertainment Group acquire ShowBiz Cinemas?

EVO Entertainment Group's acquisition of ShowBiz Cinemas was reported on January 3, 2022. EVO Entertainment Group ("EVO") and ShowBiz Cinemas ("ShowBiz"), two leading innovators in motion picture entertainment, announced today that they have closed a transaction under which EVO has acquired 100% of the stock of Showbiz Cinemas in an all-cash deal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ShowBiz Cinemas do?

It is privately held, operating in Software.

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