The management team at Pulse Cinemas sets out its vision for the future, emphasising continuity of staff and locations, ambitious growth plans, and collaboration within the Midwich Group following its recent acquisition.
Mike Beatty, Pulse Cinemas CEO, announces, “I am pleased to reveal that we have reached an agreement with Midwich Ltd. to acquire Pulse Cinemas with immediate effect.
“I am committed to Pulse Cinemas and our industry, and will remain running the business as CEO, with the support of Kapes and our existing team, to ensure the company continues to grow.
“There will be no changes to personnel – so dealers can be sure they will speak to the same people and get the same level of service and support that they have become accustomed to. Furthermore, we will continue to operate from our state-of-the-art demo facility in Stansted.”
Co-Founder of Pulse Cinemas, Kapes Patel, who continues as COO, explains, “Over the years, we have been approached by many possible investors, but none seemed to add anything to our continued security, success, and growth. The moment we met the team at Midwich, we knew we’d found a partner that could offer everything we were missing. Despite being in a strong financial position, we felt the need to give our staff, vendors, and dealers the added security of working with a company like Midwich, which possesses financial stability, extensive experience, and reach to add true value and increased potential to Pulse Cinemas.”
Mike adds, “This union will give us the scope and chance to get back to what we love doing and focus on promoting our brands and the incredible opportunities available to us. Our plan is to help our talented team maximise their potential and create an environment that encourages accelerated business growth. Alongside our carefully selected team, we plan to work closely with our dealers, supporting them as if their businesses were our own, to ensure they can offer their deserving clients the solutions, products, and services we and our partners provide. Bringing together the skills and attributes of both companies will deliver an unparalleled portfolio of AV solutions to our customers, as well as industry-leading support and initiatives.”
Mike concludes, “It is very exciting news for the whole Pulse Cinemas team, and we can’t wait to start leveraging the advantages it will bring and delivering even more value to our dealers. Get in touch if you have any questions.”