TriWest invests in Landmark Cinemas, backs buy of Empire assets
Canadian private equity firm TriWest Capital Partners has in partnership with company management made an undisclosed majority investment in Landmark Cinemas, a Calgary-based movie exhibition chain with theatres and screens in cities across Western Canada. Concurrent with the investment, TriWest financed the equity for the company's buy of Western Canadian and select Ontario theatres of Empire Theatres. TriWest senior managing director Cody Church said the Empire deal creates the second largest movie exhibition company in Canada and the tenth largest in North America. The Landmark investment closely follows several TriWest deals done in late 2013, including the acquisition of Source Energy Services, the acquisition of Colter Energy, and the acquisition of Triple M Housing. All of these investments we made by TriWest Capital Partners Fund IV, which closed in 2012.
