National Amusements Acquisition, Valuation, Funding & Investors

Basic-Fit NV is in the business of operating fitness clubs. It follows a straightforward membership model with Easy, Smart, and Flex formats with different payment options and durations. In addition, the company is also engaged in the business of offering personal trainer services, selling energy drinks and nutritional bars, etc. It has five operating segments: the Netherlands, Belux (Belgium and Luxembourg), France, Spain, and Germany. A majority of its revenue is generated from France.

AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, and premium presentation. The company has identified two reportable segments and reporting units for its theatrical exhibition operations, U.S. markets and International markets. It derives key revenue from the U.S.

Toei Co Ltd engaged in the production of theatrical movies, TV dramas, direct-to-video productions, and anime, as well as a diverse range of businesses based on film production. The company releases both domestic and foreign movies, including its own films directly managed theaters and cinema complexes operated by the subsidiary T-Joy Co., Ltd. It also offers a digital cinema system providing packaged video software, such as DVD and Blu-ray discs. Its video distribution services engage in the sales of content to distribution media and the distribution of movies on iTunes in Japan. It operates more than ten official mobile websites via three major carriers namely NTT DOCOMO, au, and SoftBank.

OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts all over the world. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.

Hudle is an India-based sports tech platform operating in over 75 cities for discovering and booking venues, online fitness classes, tournaments, and coaching in sports like football, badminton, tennis, cricket, box cricket, swimming, basketball, table tennis, golf, pickleball, padel, and rock climbing. The marketplace aggregates verified facilities, events, memberships, and player matching via mobile app and web platform with multiple payment options and easy cancellations.

Smartfit Escola DE Ginastica E Danca SA is a fitness club. The company provides physical conditioning services through gymnasiums, bodybuilding, dancing and swimming. Facilities offered by the company include SmartBox, free weight, gym classes, bicycles, smart bike, fitness equipment, and a running machine, among others. The Company is present in fourteen countries, namely Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador, and Honduras, operating in the HVLP segment with the brand Smart Fit, in the Premium segment with the brand Bio Ritmo, and in the digital fitness segment.

Imax Corp is a technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. The Company has two reportable segments being Content Solutions and Technology Products and Services. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.

Round One Corp engages is a Japanese company providing various leisure facilities. The firm principally engages in the management of indoor leisure facilities that mainly includes bowling, amusement activities, spotcher, airporin, spocha, shuttle bus, and karaoke. The company also has operations based in the United States.

Aman Resorts is a Baar-headquartered luxury hospitality group operating 36 properties across 20 countries including Indonesia, Japan, Thailand, and the United States. Properties occupy remote natural sites such as tropical islands, mountain retreats, and urban oases, each with 20 to 80 rooms for personalized service. The portfolio encompasses resorts, hotels, private residences, and branded residences developed in partnership with local architects. Aman Resorts debuted in 1988 with Amanpuri on Phuket's Pansea Beach.

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.

Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club’s stadium, Truist Park. The company predominantly derives revenue related to the Braves baseball franchise and Truist Park from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. The company's reportable segments include: Baseball which generates key revenue, and Mixed-Use Development.

Zūm is a Redwood City, California-headquartered provider of child transportation services for schools and families in the San Francisco Bay Area, Los Angeles, Orange County, and San Diego. Founded in 2015, it uses vetted drivers, GPS routing, and parent apps for on-demand rides and district contracts.

United Parks & Resorts Inc is an American theme park and entertainment company. Its core business is the operation of theme parks and entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove, and Sesame Place. The company generates the majority of its revenue from selling admission tickets for its theme parks.

EVT is an Australian-based provider of entertainment, hospitality, and leisure-related services. The entertainment division consists of cinemas in Australia (Event Cinemas), New Zealand, and Germany, as well as the State Theatre in Sydney, complemented by various restaurants and bars. The ventures arm consists of development of the group's vast property assets and provision of hotel management solutions to third parties. The travel arm consists of the group's hotel operations (QT, Rydges, Atura), and the Thredbo ski and mountain-biking resort. The group generates the most of its earnings in Australia.

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

Kinepolis Group NV is a diversified media company engaged in operating in the cinema industry. The business activities involve operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. The company geographically operates in segments such as Belgium, Canada, the Netherlands, France, the United States, Spain and Luxembourg. The Switzerland and Poland activities are combined in other segment. The company earns the vast majority of its revenue from Belguim Segment.

Strava is a San Francisco-headquartered mobile app for athletes tracking runs, bike rides, hikes, and swims via GPS, aggregating data on distance, elevation, and pace. The platform hosts 100 million user accounts, integrates with Garmin and Apple Watch devices, and organizes virtual challenges with leaderboards across segments in 190 countries.

Cinemark Holdings Inc is a geographically diverse operator in the motion picture exhibition industry in the United States. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rentals, and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals, and electronic video games located in some of the theatres. Cinemark manages its business under two reportable segments: U.S. markets and international markets. The majority of its revenue is generated from the U.S. markets segment.