Investment in The Light Cinemas Ltd by Connection Capital
HMT LLP advised Connection Capital LL on their investment in London based leisure and entertainment company The Light Cinemas Ltd.
With three cinemas across the UK and Germany, Light Cinemas aims to provide a unique entertainment experience in a friendly relaxed environment that offers excellent customer service and value for money. Featuring the latest blockbusters, independent and international films, plus the best live opera, ballet, theatre and pop concerts from around the globe, Light Cinemas also have fully-licensed café bars in their cinemas to create a unique cinema experience.
The investment by Connection Capital will help Light Cinemas to grow the business by acquiring the Cineworld multiplex cinema in Cambridge and opening seven brand new multiplex sites across the UK over the next four years. Additional debt funding was provided by Santander’s Breakthrough programme.
HMT LLP undertook financial due diligence for Connection Capital.
Miles Otway, Partner at Connection Capital commented,
Paul Read commented,
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