backKing & Spalding advised Cinemanext North America Holding, Inc.on the sale of 100% of its membership interests in RSK Holdings, LLC, and its subsidiaries to Strong Technical Services, Inc. Prior to Closing, as part of a separate transaction, Cinemanext North America Holding, Inc. acquired the 31.955% minority stake held by Silver Screen Partners in RSK Holdings, LLC. This acquisition marks a strategic consolidation for Strong Technical Services, Inc. in the North American cinema equipment and services market, further strengthening their position in the industry.
Silver Screen Partners is controlled by Robert E. Bagby, who is both one of the original founders and former key principals of RSK Holdings, LLC, as well as the owner of B&B Theatres. RSK Holdings, LLC is a Kansas limited liability company that, together with its subsidiaries, operates in the cinema equipment industry, providing installation, maintenance, and sale of various products to movie theatres, including projection systems, booth equipment, servers, content and theatre management systems, audio, and sound equipment.
Cinemanext North America Holding, Inc. is a Delaware corporation and holding company that, through its subsidiaries, operates in the cinema technology and equipment sector in North America. This company is controlled by Jean Mizrahi, a serial entrepreneur, who has trusted our Firm with multiple M&A mandates over the past 7 years.
Strong Technical Services, Inc. is a Nebraska corporation specializing in the sale, installation, maintenance, and repair of cinema projection systems, auditorium audio equipment, screens and screen structures, and seating for cinemas and theatre exhibitors across North America.