Ambassador Theatre Group founders acquire Picturehouse Entertainment

Fri, 23 Jun 2017 | MERGER

Two of London's leading theatre dons have acquired Picturehouse Entertainment, a live cinema distributor.

Husband and wife team Sir Howard Panter and Rosemary Squire who co-founded the Ambassador Theatre Group will combine the new purchase with another recent acquisition, Trafalgar Studios, in a move that will provide more live-streaming theatrical productions.

A recent production at Trafalgar Studios, which includes two West End theatres, has been Macbeth starring Claire Foy and James McAvoy.

The redevelopment of Trafalgar Studios would look to equip the theatres with built-in live-streaming equipment.

The couple plan to acquire other sites in London, Berlin and Los Angeles, and have said they want to improve the customer experience for the venues: “Our new vision is a much improved experience for our customers. We want to enhance the experience from the moment you walk in the door so that it’s a place where you want to hang out - there’ll be great stuff happening on stage and also a space to meet friends.

“People will want to be there, rather than just go there to see whatever’s on. That’s the difference.”

The new group, to be known as Trafalgar Releasing, would develop theatre productions for the stage that were also being created specifically with live streaming in mind.

Find a business for sale here
Subscribe here


Share this article



Latest Businesses for Sale

Unique Company Specialising in Quality, Scented Products
Warwickshire, UK Wide

This is a reputable and constantly growing company, receiving a significant amount of revenue through both new and existing customers and is ready for large scale expansion. Products are colourful, vibrant and playful and are created using only the f...

Asking Price: Offers Invited
Turnover: £1,600,000

LEASEHOLD


Membranes for Water Containment Solutions
Midlands, UK Wide

Specialises in turn-key water containment solutions, overseeing pond and lake construction, membrane lining and safe drinking water storage. Operates from a leasehold aquatic nursery able to accommodate over 10,000 m2 of coir products. Offers invited...

Asking Price: Offers Invited
Turnover: £1,700,000

Online Luggage Retailer
London, London, UK

Rapidly growing online luggage retail business. Much time, effort and money has been put into the online side of the business, with tens of thousands going into search engine optimisation and Adwords. This is now paying off as the business is a top s...

Asking Price: £799,995
Turnover: £1,700,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
20
 
Nov
 

Customer reviews specialist Feefo completes MBO | MBO/MBI

A company that provides a platform for customer reviews and ...

 
18
 
Nov
 

Kent childcare group sold to national charity | BUSINESS SALE

A Kent childcare group has been acquired by a chain of day n...

 
17
 
Nov
 

Warm Zones enters administration | ADMINISTRATION

A North Shields-based non-profit business dedicated to helpi...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources