Consistent with its Industry Partner approach to investing, Beekman pursued the transaction with a team of experienced operators led by Dale “Bud” Mayo and
“New Vision is a significant platform in an industry that has an exciting slate of new movie releases on the horizon, such as “The Fate of The Furious” this weekend followed by
Beekman’s Managing Partner,
New Vision is the fourth platform investment in
New Vision is a newly-formed, 16-unit theatre circuit located in nine states. New Vision theatres comprise 184 screens including 66 “3D” screens. Most of the theatres are multiplexes with 12 or more screens, and many have expanded food and beverage options, including hot food and full bars. New Vision focuses on first-run content but also provides alternative content as well, including live sporting events, concerts, and international features. New Vision is a diverse portfolio of theatres that serves many different communities around the country. New Vision will be a platform for consolidation of additional theatre acquisitions as opportunities arise. For more information on New Vision, please visit www.newvisiontheatres.com.