Screenvision Media Acquisition By Abry Partners Completed

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Jul 03, 2018, 09:00 ET

NEW YORK, July 3, 2018 /PRNewswire/ -- Screenvision Media, a national leader in cinema media and advertising, today announced that Abry Partners, a leading media-focused private equity firm, has finalized its acquisition of a controlling stake in the company. Terms of the transaction were not disclosed.

"We see a very bright future for Screenvision," said John Hunt, managing partner of Abry Partners. "We look forward to partnering alongside and investing with their first-rate management team to help further unlock future growth for the company as well as their leading network of exhibitors."

As part of the transaction, the company's existing owners, Shamrock Capital and AMC Entertainment Holdings, Inc. (NYSE:AMC), will retain minority stakes. John Partilla will remain as the company's chief executive officer. Under his leadership, Screenvision Media has experienced 30% revenue growth and a tripling of profitability over the past three years.

"We couldn't be more excited about our new relationship with Abry Partners and the potential for growth ahead of us," said John Partilla, Screenvision Media CEO. "We have seen a tremendous amount of growth in recent years and are confident that this new chapter in our business will build even further on that."

Moelis & Company served as financial advisor and Latham & Watkins LLP as legal advisor to Shamrock Capital on the transaction. LionTree Advisors served as financial advisors and Kirkland & Ellis as legal advisor for Abry Partners. Deutsche Bank provided debt financing for the transaction on an exclusive basis and acted as sole Lead Arranger and Bookrunner.

Media Contact:

Caitlin Wiig – Olson Engage for Screenvision Media
212.656.9143
[email protected]

ABOUT SCREENVISION MEDIA
Headquartered in New York, N.Y., Screenvision Media is a national leader in cinema advertising, offering on-screen advertising, in-lobby promotions and integrated marketing programs to national, regional and local advertisers, and providing comprehensive cinema advertising representation services to top-tier theatrical exhibitors presenting the highest-quality movie-going experiences. The Screenvision Media cinema advertising network comprises over 15,000 screens in 2,300+ theatre locations across all 50 states and 94% of DMAs nationwide; delivering through more than 150 theatrical circuits, including 7 of the top 10 exhibitor companies. For more information: http://screenvisionmedia.com/.

ABOUT ABRY PARTNERS
Abry Partners is one of the most experienced media, communications, and information services sector-focused private equity firms in North America. Since its founding in 1989, the firm has completed over $77 billion of transactions, including leveraged buyouts, growth financings and recapitalizations. Currently, Abry manages over $5.0 billion of capital in its active funds.

ABOUT SHAMROCK CAPITAL
Shamrock Capital is a Los Angeles-based investment firm with approximately $1.9 billion of assets under management, investing exclusively in the media, entertainment and communications sectors. Shamrock was originally founded in 1978 as the Roy E. Disney Family Investment Company and has since evolved into an institutional money manager with a leading group of investors including endowment and pension funds. Shamrock partners with strong management teams and takes an active, collaborative approach to creating value in each investment. Shamrock's current investments include Appetize, Branded Cities, BTI Studios, FanDuel, Giant Creative, Isolation Network, Maple Media, Mobilitie, Omega Wireless, Questex, RBmedia, Screenvision Media, Silvergate Media, Wazee Digital, and wPromote. For more information, visit: shamrockcap.com.

SOURCE Screenvision Media