Los Angeles, CA, May 13, 2016 – Entertainment Partners (EP), the leading end-to-end provider of payroll and production management services for all aspects of the entertainment industry for nearly 40 years, was honored with the Strategic Acquisition Award at the 6th Annual Association for Corporate Growth (ACG) Awards Ceremony. The event, held at the Walt Disney Concert Hall on Thursday, May 12th, recognized local Los Angeles companies that have made tactical business decisions resulting in driving growth.
In August, 2015, EP acquired Ease Entertainment Services (“Ease”), a leader in technology solutions for the industry since its formation in 2008. The acquisition has resulted in digitizing many aspects of the back office, production process in the entertainment industry—making it simpler and more streamlined.
“EP has provided a tremendous opportunity for our technological innovations and solutions to reach a greatly expanded client base,” commented Mike Rose, former Ease CEO and EP’s new Chief Strategy Officer. “As a result of the acquisition, we are truly digitizing and modernizing the production industry. Additionally, EP is 100% employee-owned, which was a key driver for bringing us all together and says a lot about EP’s commitment to performance and success.”
The ACG also recognized winners in additional categories, including IPO of the Year (Houlihan Lokey), Social Impact Award (Prolacta Bioscience), Founders Award (Mendocino Farms) and the Mayor’s Award (LA Clippers).
“We are proud of this honor by the ACG, and to be named alongside these flourishing local businesses,” stated Mark Goldstein, President and CEO of EP, which together with its legendary Central Casting division, employs more than 1100 people nationwide after the Ease Acquisition. “We plan to continue to place tremendous emphasis on client service excellence and innovative technology.”
About Entertainment Partners
Entertainment Partners (EP) is the global leader in entertainment payroll, residuals, tax incentives, finance, and other integrated production management solutions with 15 offices in the U.S., Canada, London, and Tokyo. Combining unparalleled industry expertise and resources, 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. 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. Its Scenechronize has automated many manual production office functions and securitized distribution of scripts and sensitive production information, while the Smart Studio suite of products leads the way in industry innovation. 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, Corporate Communications
About ACG and ACG LA
The Association for Corporate Growth (ACG) is the global community for middle market M&A deal makers and business leaders focused on driving growth. ACG members have access to data, content and networking opportunities to access capital, make deals and foster corporate growth. Founded in 1954, ACG has grown to more than 14,000 members organized in 59 chapters throughout North America, Europe and Asia. ACG LA is one of the largest and most active chapters of ACG, delivering thought-provoking, knowledge-based events and networking opportunities. Our members and attendees – including leading corporate officers, private equity sources and service providers – participate in monthly meetings, world-class conferences and intimate roundtable discussions. We help dealmakers and business leaders stay abreast of current issues relating to corporate growth and stay connected with their peers. For more information, visit www.acgla.org.