Shamrock Capital Announces Completion of Screenvision Media Transaction
Shamrock Will Retain Minority Stake in the Company Following its Acquisition by Abry Partners
LOS ANGELES – July 3, 2018 – Shamrock Capital, a Los Angeles-based investment firm, today announced the completion of Screenvision Media’s acquisition by Abry Partners. Shamrock will retain a minority stake in the Company. Terms of the transaction were not disclosed.
“Screenvision Media has an industry-wide reputation for innovative and strategic storytelling through advertising and marketing initiatives,” said Steve Royer, Partner at Shamrock Capital. “We look forward to continuing to support the company in its efforts to move beyond on-screen advertising and engage with audiences across a variety of platforms.”
About Shamrock Capital
Shamrock is a Los Angeles-based investment firm with approximately $1.9 billion of assets under management, investing exclusively in the media, entertainment and communications sectors. Shamrock was originally founded in 1978 as the family investment company of the late Roy E. Disney and has since evolved into an institutional money manager with a leading group of investors including endowment and pension funds. Shamrock partners with strong management teams and takes an active, collaborative approach to creating value in each investment. Shamrock’s current investments include Appetize, Branded Cities, BTI Studios, FanDuel, Giant Creative, Isolation Network, Maple Media, Mobilitie, Omega Wireless, Questex, RBmedia, Screenvision Media, Silvergate Media, Wazee Digital, and Wpromote. For more information, visit: shamrockcap.com.
About Screenvision Media
Headquartered in New York, N.Y., Screenvision Media is a national leader in cinema advertising, offering on-screen advertising, in-lobby promotions and integrated marketing programs to national, regional and local advertisers, and providing comprehensive cinema advertising representation services to top-tier theatrical exhibitors presenting the highest-quality movie-going experiences. The Screenvision Media cinema advertising network comprises over 15,000 screens in 2,300+ theatre locations across all 50 states and 94% of DMAs nationwide; delivering through more than 150 theatrical circuits, including 7 of the top 10 exhibitor companies. For more information: http://screenvisionmedia.com/.