Studio Movie Grill has secured a $100 million strategic growth investment from TowerBrook Capital Partners to accelerate its expansion in the in-theater dining market across the U.S.

Information on the Target

Studio Movie Grill (SMG), a pioneering leader in the in-theater dining sector, has recently announced a significant strategic growth investment totaling $100 million from TowerBrook Capital Partners L.P. This investment is expected to accelerate SMG's expansion as it continues to launch in-theater dining locations across the United States. Founded in 1993, SMG has revolutionized the cinema experience by combining high-quality entertainment with gourmet food and craft cocktails, while emphasizing a culture of hospitality and community support.

Over the years, SMG has grown into the fastest-growing, company-owned theater brand in the country, setting a benchmark in the industry with its unique business model. The Company’s commitment to community outreach and sustainable practices has firmly established it as a socially responsible entity, appealing to a broad range of consumers seeking quality and experience in entertainment.

Industry Overview in the United States

The cinema and entertainment industry in the United States has experienced notable transformations in recent years, particularly with the rising demand for more immersive and engaging experiences. As consumers seek quality dining options