The Light, a United Kingdom-based cinema and leisure operator, has been acquired by hospitality entrepreneur Luke Johnson and Risk Capital Partners, with additional investment from Melcorpo. The deal includes a full recapitalization and a large banking facility that will fund over GBP £15 million in investments, with plans to double the company’s size. The Light’s entertainment model, which combines traditional cinema with social activities like bowling, mini golf, and karaoke, has been pitched as a solution to revitalize underperforming venues. The new management team, led by CEO James Morris, aims to expand this model to more locations across the UK.

Luke Johnson, known for his work with Pizza Express and other leisure brands, emphasized the synergy between cinema and social activities, particularly in a challenging market for theaters. The Light’s leadership is optimistic about their plans, which include opening new sites and repurposing spaces such as department stores to house entertainment complexes. The company currently operates 13 venues across the UK, each tailored to local markets with a focus on delivering quality experiences through state-of-the-art cinemas and a wide range of entertainment options.