Acquisition Will Unite North American Markets
Burbank, CA and Vancouver, BC, May 8, 2017 – Entertainment Partners (“EP”), the leading global end-to-end provider of production workforce management and automated production services to the entertainment industry, announced today that it has acquired EP Canada and Canada Film Capital (“CFC”), the leading providers of entertainment payroll and tax incentive services in Canada. EP Canada has long been an affiliate of Entertainment Partners, and has offered many of EP’s technology solutions for decades. The companies have many shared clients and the acquisition will unite the North American market in the entertainment payroll space.
“EP Canada and CFC have worked hard to earn the complete trust and respect of our clients. We’ve been proud of the growth and excellence they have achieved,” said EP Chief Executive Officer, Mark Goldstein. “Our shared values of integrity, dedication to client service, and technological innovation make this combination mutually beneficial for both organizations and our industry. We look forward to bringing the best of each company together to increase efficiencies for our clients.”
Goldstein will remain CEO of the combined entity, and EP Canada’s President, Cheryl Nex and her Canadian executive team of David Carter, Sante Cardinale and Kevin Gordon will remain in place. Nex will also be joining the executive team at EP. “This is an exciting day for EP Canada and the industry,” said Nex. “By working as one we will be able to more quickly achieve our shared goal of reinventing how the entertainment industry works to make production simpler. Our clients have asked about this for some time now and will be able to move fluidly between the United States and Canadian borders with one consistent experience.”
While the two entities plan to continue functioning independently from an operational standpoint, their coalescing will enable each to leverage the other’s strengths as they relate to both payroll and technology. “We will be an even stronger company after uniting,” said Goldstein, “and we plan to incorporate each other’s best practices to optimally serve our clients throughout North America.”
EP’s worldwide affiliates Sargent-DISC in the United Kingdom, EP Puerto Rico and EP Asia will remain vital components in the company’s international network and will continue to work strategically with Goldstein and Nex to deliver best-in-class service to clients wherever they operate.
About Entertainment Partners
Entertainment Partners (EP) is the global leader in entertainment payroll, workforce management, residuals, tax incentives, finance, and other integrated production management solutions with 15 offices in the U.S., Canada, London, and Tokyo. Currently on a mission to digitize the paper-heavy back office processes of entertainment production, EP is striving to reinvent how the entertainment industry works and interacts to make production simpler. Combining unparalleled industry expertise and innovative technology, EP strives to make the complex simple and collaborates with its entertainment industry clients to help them produce the most cost-effective and efficient film, television, digital, and commercial projects. Its accounting systems and Movie Magic Budgeting and Scheduling programs are the industry standards and its EP Financial Solutions group is the industry’s most experienced incentives team, assisting productions all over the world. In addition, casting and payroll for background actors is handled through its legendary Central Casting division, a Hollywood icon since 1925. Established 40 years ago, EP is a 100% employee-owned company.
Vice President, Communications