Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited for £2.5 million on July 31, 2023. The initial consideration is £1.282 million with deferred consideration of £0.2 million payable in 2024 and contingent considerations of up to a maximum of £1 million based on performance payable in 2026. The existing leadership team of managing director Mike Beatty and chief operating officer Kapes Patel will continue to manage the team post-acquisition.

Midwich Group plc (AIM:MIDW) completed the acquisition of Pulse Cinemas Limited on July 31, 2023.