Ambassador Theatre Group Acquires Detroit’s Fisher Theatre, San Francisco’s Golden Gate & Orpheum Theatres From Nederlander Co.
The acquisition was announced jointly today by Nederlander andIn a statement, Robert Nederlander, Sr. said, “These unique venues have been home to’s greatest shows, serving local and regional audiences for generations. We are confident that the ATG team will continue to look after the strong foundation that we have created with these theatres in their respective communities and to take them into this next decade with great success.
The three venues represent two of the country’s top touring cities for Broadway shows. Nederlander has overseen the venues’ operations for more than 50 years. ATG also will take over Nederlander’s programming operation of the Detroit Opera House and Music Hall in Detroit.
The transaction was initiated by Lisbeth R. Barron, whose firm Barron International Group, LLC was the exclusive financial advisor to Nederlander. The legal advisors to Nederlander were Skadden, Arps, Slate, Meagher, & Flom LLP and Dykema Gossett PLLC. FTI Consulting served as ATG’s financial advisor and Weil, Gotshal & Manges LLP and Foley & Lardner LLP were legal advisors to ATG.