CMX Cinemas has acquired some of iPic’s theater and restaurant locations in Texas, Georgia, Florida, Maryland and New Jersey. CMX said the stores will continue to operate under the iPic name and offer an in-store movie theater experience, luxury seating and chef-driven food and beverage offerings.
The deal adds nine iPic locations to CMX Cinemas’ portfolio, including restaurant concepts The Tuck Room Gastro Lounge, City Perch Kitchen + Bar and Serena Pastificio.
“For many years, iPic has provided a unique moviegoing experience built on hospitality, premium comfort and culinary service,” said Rafael Muñoz, CEO of CMX Cinemas. “As we welcome iPic to the CMX Cinemas portfolio, our priority is continuity for our guests and team members. Guests should continue to experience iPic as iPic, with the same brand promise and elevated hospitality approach.”
CMX said the same team of employees will continue to operate the theater and restaurant.
“This deal is about more than theater,” Muñoz added. “This strengthens our position as a premium entertainment and hospitality company. By combining the strengths of CMX and iPic with these unique restaurant brands, we can continue to deliver experiences that connect our guests at movies, dining and social events.”
CMX will continue to honor iPic memberships, gift cards, and benefits at locations included in the transaction. Miami-based luxury theater chain CMX is a subsidiary of Cinemex and operates 30 locations and 299 screens.
In early June, Blue Fox Entertainment announced that it had acquired iPic’s locations in Los Angeles and New York. iPic Theaters filed for bankruptcy in March.
The locations operated by CMX are as follows:
• IPIC Houston and The Tuck Room Gastro Lounge – Houston, Texas
• IPIC Fairview – Fairview, Texas
• IPIC Austin – Austin, Texas
• IPIC Atlanta and Selena Pastificio – Atlanta, Georgia
• IPIC Delray – Delray Beach, Florida
• IPIC Mizner Park and Selena Pastificio – Boca Raton, Florida
• IPIC North Miami Beach and The Tuck Room Gastro Lounge – North Miami Beach, FL
• IPIC North Bethesda, Pike & Rose and City Perch Kitchen + Bar – North Bethesda, MD
• IPIC Fort Lee (Hudson Lights and City Perch Kitchen + Bar) – Fort Lee, NJ
