FountainVest Partners and China Media Capital's investment in the Greater China business of large-screen movie exhibitor IMAX Corp was named 2014 Mid Cap “Deal of the Year” by Asian Venture Capital Journal (AVCJ) at the 14th AVCJ Private Equity & Venture Capital Awards.
Fried Frank acted as counsel to private equity firm FountainVest Partners and investment firm China Media Capital on the deal. The investors acquired a 20 percent stake in IMAX's Greater China operations, which is set to become IMAX's largest market in the next five years.
Working on the matter were corporate partners Douglas Freeman and Victor Chen. Additional support was provided by corporate partner Carolyn Sng, executive compensation & ERISA partner Jeffrey Ross, intellectual property and technology partner Henry Lebowitz, tax partner David I. Shapiro and corporate special counsel David A. Zilberberg.