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National CineMedia completes USD 275 million acquisition of Captivate - NCMI News | Rallies

National CineMedia completes USD 275 million acquisition of Captivate

NCMI•2026-09-21

National CineMedia completes Captivate acquisition

National CineMedia completed its acquisition of Captivate on Sept. 18, 2026 for an enterprise value of USD 275 million.

The deal expands NCM into office and residential digital video advertising, creating a network of more than 48,000 screens across 185 DMAs.
Financing included a new USD 275 million senior secured first lien term loan, cash on hand, and a USD 25 million revolver.
USD 10 million was drawn on the revolving credit facility at closing.

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