Manhattan West, a Los Angeles-based strategic investment firm, has backed Round Room Live, a producer and promoter of exhibitions and family show entertainment, in its management buyout of its investor, Hasbro Inc.
Round Room is a family entertainment producer aiming to transform intellectual property into engaging live events. The company looks to create live experiences tailored to the character of each property and develops productions for audiences globally. Round Room is led by founders and executives Stephen Shaw and Jonathan Linden. The share purchase deal closed on October 21.
“This new partnership with Manhattan West will fuel our ambitious growth plans to distribute exciting entertainment experiences on a global scale,” comments Shaw.
“To partner with the world class management team at Round Room Live in order to grow the company and develop iconic live entertainment is an incredible opportunity for Manhattan West,” says Matt Gibbons, managing director and head of private equity at Manhattan West. “As industry leaders in experiential entertainment, the Round Room team has our full support as they continue to expand their global footprint.”