Dechert served as legal counsel to Cinépolis on the transaction. PJ Solomon served as financial advisor and Hightower and Associates served as legal counsel to Moviehouse & Eatery.
Founded in Mexico in 1971, Cinépolis is the world’s 2nd largest movie theater circuit in terms of attendance. Operating 738 cinema complexes, Cinépolis entertains over 338 million moviegoers annually in 17 countries worldwide.
Since its opening in 2012, Moviehouse & Eatery has become one of the leading upscale dine-in theatre operators in Texas with five theatres and 47 screens in the Austin and Dallas areas.
this acquisition expands Cinépolis USA’s footprint, now operating 258 screens at 26 locations in seven U.S. states. Moviehouse & Eatery will continue to operate independently.
Dechert’s team included corporate partners Howard Kleinman (Picture) and Bernardo Piereck with support from corporate counsel John Ix, and associates John Alessi, Quinn Wetherall, Juan Zambon, Nicole Holden and Alejandra Lankenau. Additional support from employee benefits partner Stephen Skonieczny and associates Andrew Braid and Daniel O’Neil; tax partner Joshua Milgrim and associate Damien Rose; labor counsel Ian Downes; real estate special counsel Francois Quintard-Morenas; and intellectual property associate Noah Shier.
Involved fees earner: John Alessi – Dechert; Andrew Braid – Dechert; Ian Downes – Dechert; Nicole Holden – Dechert; John Ix – Dechert; Howard Kleinman – Dechert; Alejandra Lankenau – Dechert; Joshua Milgrim – Dechert; Dan O’Neil – Dechert; Bernardo Piereck – Dechert; Francois Quintard-Morenas – Dechert; Damien Rose – Dechert; Noah Shier – Dechert; Stephen Skonieczny – Dechert; Quinn Wetherall – Dechert; Juan Bautista Zambon – Dechert;
Law Firms: Dechert;
Clients: Cinépolis de México, S.A. de C.V.;