Seacoast Capital Announces Growth Recapitalization of Cinetopia

Cinetopia operates 4 premium combination movie theatre/bar and restaurant concepts in Beaverton, OR, Vancouver, WA, and Overland Park, KS. Each of the Company’s locations offers a mix of different theatre concepts — which include GXL, Grand, Living Room and Movie Parlor theatres — as well as a captive premium dining bar and restaurant, Brewtopia or Vinotopia. The Company’s theatres offer state-of-the-art seating, 4K digital and 3D capable projection, and studio quality surround sound, with certain of its theatre concepts offering in-theatre dining. Brewtopia offers upscale, bar-style comfort food and 50 craft beers from local, regional and national breweries. Vinotopia offers farm-to-table, bistro-style cuisine and a 1,200 bottle wine list comprised of some of the best and most exclusive wines in the world. Vinotopia has garnered Wine Spectator’s “Best Of” Award of Excellence for the past 5 years. In addition to its captive restaurants, Cinetopia offers premium concessions such as pastries, gourmet chocolates and a custom, chef-prepared popcorn “butter bar,” as well as standard concessions and refreshments. In 2013, the Company’s Vancouver Mall 23 and Progress Ridge 14 locations ranked #2 and #5 in box office gross respectively in the Portland, OR DMA out of 75 theatres. The Company was founded in 2005 by its current President and CEO, Rudyard Coltman.