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Second City Empire Goes Up for Sale
The owners of The Second City comedy empire plan to sell the brand’s diversified business, including its flagship theater at 1616 N. Wells St. Houlihan Lokey’s Daniel Gossels and Teddy Shaw will advise The Second City.
The company will consider qualified expressions of interest through a process that will play out over the coming months. The company’s theaters are open for live shows in Toronto, while the evolving situations in Chicago and Los Angeles are being closely monitored. Its consumer and corporate education offerings have moved online.
“I have had an extraordinary 47-year run guiding this wonderful living, breathing, dynamic comedy institution,” said Andrew Alexander, a current owner of The Second City and former CEO. “Watching the talent development process has given me more joy than one person should be allowed. But it is time for a new generation with fresh ideas to take the company to the next level.”
Pictured: The Second City comedy theater at 1616 N. Wells. Photo courtesy of The Second City.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

