Studio Movie Grill Receives $100M Investment from TowerBrook

Studio Movie Grill logoStudio Movie Grill, a Dallas, Texas-based in-theater dining brand, received a strategic growth investment of $100m.

TowerBrook Capital Partners L.P., an international investment management firm, made the investment.

The partnership will help drive SMG’s next stage of accelerated growth, as the company continues to open in-theater dining locations across the United States.

Established in 1993 by CEO Brian Schultz, SMG offers in-theater dining, which combines first-run movies with full-service, in-theater dining. The company’s legacy outreach programs include Special Needs Screenings, Chefs for Children, and its annual Opening Hearts and Minds Award. In June 2018, SMG created a loyalty program, SMG Access, which rewards loyal guests and contributes free movies and free meals to underserved community members.

FinSMEs

04/04/2019

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