Southern Theatres, LLC
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Southern Theatres, LLC - overview
Established
2002
Location
New Orleans, LA, US
Primary Industry
Travel & Leisure
About
Southern Theatres, LLC operates as a cinema chain, providing diverse movie experiences through multiple locations, focusing on quality screenings and customer engagement. Founded in 2002 in New Orleans, US, Southern Theatres, LLC is engaged in the cinema sector, specifically focusing on movie exhibition. The company has successfully raised USD 30. 00 mn in its GROWTH funding round from VSS Capital Partners.
This amount encompasses its total funding raised so far, which also stands at USD 30. 00 mn. The company has executed two different deals in its operational history. Southern Theatres specializes in a comprehensive cinema experience, emphasizing movie showings and ticket sales across its various locations.
Its offerings include a wide range of films from major Hollywood productions to international releases, along with promotional events like themed screenings and special showings, catering to a diverse audience. The company serves local moviegoers and families in key Texas markets, enhancing the viewing experience through comfortable theaters and high-quality projection technologies. Southern Theatres generates revenue primarily through ticket sales and concessions at its theaters, engaging in direct transactions with consumers. Its ticket pricing structure is designed to cater to different demographics, offering both regular and premium seating options.
Revenue is bolstered by partnerships and promotional activities with film distributors and local businesses, creating opportunities for enhanced customer engagement and driving ticket sales. Looking ahead, Southern Theatres plans to leverage its recent funding to develop new cinema-related offerings aimed at enhancing the customer experience. This may include innovative movie presentations and special events tailored to diverse audiences. The company is also exploring expansion into new geographic markets, with specific regional targets yet to be announced.
With the recent GROWTH round funding of USD 30. 00 mn, Southern Theatres aims to further solidify its market position and cater to evolving consumer preferences.
Primary Industry
Travel & Leisure
Sub Industries
Recreational & Entertainment Facilities
Website
www.thegrandtheatre.com
Total Amount Raised
Subscriber access only
Southern Theatres, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Movie Tavern Inc. | - | ||||||||
| Add-on | Completed | Movie Tavern Inc. | - | ||||||||
| Add-on | Completed | AmStar Entertainment | - | ||||||||
| Growth | Completed | Southern Theatres, LLC | - | ||||||||
| Unspecified Exit | Completed | Southern Theatres, LLC | - |
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