Cinemex is a cineplex company based in Mexico that has built a nationally branded cineplex chain. The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America.
Cinemex started with a college business plan. Adolfo Fastlicht, Miguel Angel Dávila Guzmán and Matthew Heyman speculated that Mexico was ready for world-class movie theaters. When the regulations were lifted with the new Cinematography Law passed in Mexico in 1992, Adolfo Fastlicht and Miguel Angel Dávila decided that Mexico City offered an attractive market for a high-end chain of theaters. Mexico City (in Spanish: Ciudad de México, México DF, México or simply Méjico) is the Capital city of Mexico
In 1994, they secured $21. 5m in equity financing from JPMorgan Partners and a partnership of the Bluhm family of Chicago, CMex Investors. JPMorgan Chase & Co ( is the largest Banking institution in the United States by deposits and market capitalization and is one of the oldest operating The deal is generally acknowledged to be the largest venture capital start-up in Mexican history.
Since then, Cinemex has opened 48 cineplexes in Mexico City, Guadalajara, Toluca, Cuernavaca and Puebla. Mexico City (in Spanish: Ciudad de México, México DF, México or simply Méjico) is the Capital city of Mexico Guadalajara (ˌgwɑːdləˈhɑːrə Spanish pronunciation) is the capital city of the Mexican state of Jalisco, and the seat of the municipality Cuernavaca (Cuauhnāhuac|kʷaw̥'naːwak is the capital and largest city of the state of Morelos in Mexico. Is a Mexican state located in the center east of the country to the east of Mexico City. Around 2005 they also expanded internationally to Guatemala City. Guatemala City (in full La Nueva Guatemala de la Asunción; locally known as Guatemala or Guate) is the Capital and largest city of the
History
Cinemex's first theater was Cinemex Altavista opened in August 2nd. , 1995 and was soon followed by Cinemex Santa Fe, regarded as the company's flagship, on October and Cinemex Manacar on January, 1996. That same year saw the opening of Cinemex Los Reyes and Cinemex Loreto.
In June of 2002 Onex Corporation and Oaktree Capital Management acquired Cinemex for $300m and two years later sold it to The Carlyle Group, Bain Capital and Spectrum, investment funds corporations, each having a seat in Cinemex's board. Onex Corporation ( is a Toronto based Private equity investment firm and Holding company. Oaktree Capital Management LP is a global investment management corporation with over $54 The Carlyle Group is a global Private equity investment firm based in Washington D Bain Capital LLC is a Boston -based Private equity firm founded in 1984 by partners from the consulting firm Bain & Company.
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