Burrows Little’s client, The Light Cinema, has secured £5.2m through private client investment business Connection Capital, and will take advantage of the tax benefits of the Government’s Enterprise Investment Scheme. The deal will also be supported by a further £4.5m in debt funding from Santander. The finance has initially secured the purchase of the Cineworld premises in Cambridge and will support the further development of new cinemas throughout the UK.
https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11377325/Indie-cinema-chain-to-challenge-UKs-homogenous-giants.html