Bridgepoint sells Theatre group

As a result of the deal with Bridgepoint, Andrew Lloyd Webber will become owner of the following theatres: London Palladium; Theatre Royal, Drury Lane; Adelphi Theatre (in association with Nederlander International Ltd.); Palace Theatre; Her Majesty's Theatre; Cambridge Theatre; New London Theatre and the Gielgud Theatre. He will also acquire See Tickets, which, based in Nottingham and London, is both the ticketing arm of Really Useful Theatres and one of the largest concert and festival ticketing companies in Britain.

The new ownership agreement – with which both parties are extremely pleased - will come into effect on 30th November. André Ptaszynski will continue in his role as chief executive of Really Useful Theatres.

Andrew Lloyd Webber’s company, the Really Useful Group, operates globally in theatre, film, television, video and concert productions, merchandising, records and music publishing.

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