Status: Realized Initial Investment by Marwit: 1997 Operating Partner: Philip Harris III, CEO
George Mann, CFO
Signature Theatres is the 12th largest
movie theatre chain in the U.S., and the second largest
in Northern California. The company operates 30 theatres
comprising 309 screens in California, Hawaii and
Montana. In 1997 and 1998, Marwit led $22.5 million
of structured equity investments in the Company to
support a growth and expansion plan. Co-investors
in the Company include Key Principal Partners. In
September 2004, the Company
was sold to Regal Entertainment Group (NYSE: RGC),
the largest theatre exhibition company in the world,
for $200 million in cash, at which time Marwit fully
realized its investments. www.signaturetheatres.com
