4Wall Entertainment Transitions to New Ownership Group4Wall Entertainment has transitioned to a new ownership group, acquiring a subsequent recapitalization. Funds advised by Man Varagon, among other investors, provided new capital in support of the transaction, which closed on July 31. The new ownership group, led by Man Varagon (a subsidiary of Man Group with over $13B of assets under management) has committed significant new capital to 4Wall, which, the investor says, will create a platform for continued future investment and growth. 4Wall CEO Wes Bailey says, "We are thrilled to have our new investors, led by Man Varagon, supporting 4Wall as we move into the next phase of the company's journey." The entire 4Wall management team, led by Bailey, CMO Dan Abdalla, and SVPs Brad Hafer, Brett Puwalski, Josh Weisberg, and Lindsay Desautels, has been retained as part of the transaction and will continue to lead the company moving forward. In addition, Elliot Krowe, Larry Mikalishen, Brian Luftig, and Darren Poultney will continue to head up their respective regions within 4Wall. "The most important part of this transaction is the fact that our team members will benefit greatly from it. The new ownership group has created an environment for us to do our best work for our staff, our clients, and our partners across the industry," Bailey says. "With this transaction completed, we can now turn our entire focus toward continuing to build the best possible platform for our customers to create unforgettable events and experiences across the US and UK." 
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