- The deal is expected to close next week
- The investment will position NAI for sustainable growth and further post-pandemic recovery as movie theater attendance continues to increase
- BDT Capital Partners is an affiliate of BDT & MSD Partners, a merchant bank
BDT Capital Partners has made a $125 million investment in National Amusements Inc, Norwood, Massachusetts-based movie theater operator.
National Amusements is also a majority voting shareholder of mass media and entertainment conglomerate Paramount Global.
The deal is expected to close next week.
The investment will position NAI for sustainable growth and further post-pandemic recovery as movie theater attendance continues to increase.
“We are pleased to partner with National Amusements in a transaction that supports its stewardship of Paramount Global,” said Byron Trott, Chairman and Co-CEO of BDT & MSD Partners. “Paramount has an incredible legacy, underpinned by its industry-leading content and media assets. We believe strongly in the value creation opportunities ahead for the company and its shareholders.”
BDT Capital Partners is an affiliate of BDT & MSD Partners, a merchant bank.