China-focused private equity firms CMC Capital Partners and FountainVest Partners have agreed to invest US$80 million for a 20 percent equity stake in IMAX China, a subsidiary of U.S.-based entertainment technology company IMAX. CMC and FountainVest’s investment will be made in two equal installments, with the second installment expected to close in early 2015. The investment will support the continued expansion of IMAX's theater network in China.