Ari Emanuel's events business will acquire theater owner ATG Entertainment

Ari Emanuel’s events and experiences business, Mari, said Tuesday that it volition get ATG Entertainment, the proprietor of 70 venues, including theaters successful London’s West End.

ATG’s venues person hosted much than 16,000 performances and much than 18 cardinal theatergoers annually, according to Mari. ATG besides co-produces enactment for West End and Broadway and is the location for productions including “Harry Potter and the Cursed Child.”

“I’ve seen the manufacture reinvent itself galore times, but unrecorded has lone grown much powerful,” Emanuel said successful a statement. “Nothing connects large endowment with audiences much directly. ATG has built 1 of the world’s large theatre businesses astir that experience. This is simply a semipermanent stake connected wherever unrecorded goes next.”

Mari is acquiring ATG from Providence Equity Partners L.L.C. for an undisclosed terms and the woody is subjected to regulatory approvals.

The acquisition comes arsenic Mari continues to grow its portfolio of businesses. Last year, Mari acquired TodayTix Group, a theatre ticketing level serving Broadway and London’s West End for an undisclosed price. Mari owns respective events and experiences properties, including tennis tourney Miami Open, modern creation enactment Frieze and London’s Hyde Park Winter Wonderland.

ATG owns 3 venues successful San Francisco: Orpheum Theatre, Golden Gate Theatre and Curran Theatre.

Mari plans to put successful the preservation and modernization of ATG theaters and successful the assemblage experience, adding Mari’s “creative vigor volition beryllium a beardown component,” said Mark Shapiro, main capitalist and Mari committee subordinate successful a statement. The institution besides said it aims to make caller opportunities for section artists and broaden entree to unrecorded theater.

After the woody closes, ATG volition proceed to run nether its existing leadership, Mari said.

“MARI understands unrecorded amusement and what matters astir to ATG: our theaters, the radical down them and the relationships we person built with producers, artists and audiences,” said Melanie Smith, planetary CEO of London-based ATG Entertainment. “That makes MARI the close location for our adjacent chapter.