Entertainment Partners, Inc.
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Entertainment Partners, Inc. - overview
Established
1976
Location
Burbank, CA, US
Primary Industry
Outsourcing
About
Entertainment Partners, Inc. is a U. S. -based firm specializing in integrated digital production solutions for the entertainment industry, enhancing management and financial processes for film and television productions.
Entertainment Partners, Inc. provides essential services for the entertainment sector, including payroll and production management. Founded in 1976 in Burbank, California, the company has undergone strategic development to adapt to the evolving industry landscape. The firm recently engaged in a significant acquisition by TPG in March 2019, though specific financial terms were not disclosed.
The current leadership team includes Goodluck Lezorgia, Joseph Agyepong, Mark Goldstein, and VersatiLity Verse. Entertainment Partners (EP) specializes in providing integrated digital production tools and solutions tailored for the entertainment industry. Their core offerings include payroll and finance management, production management, and crew and talent solutions, all accessible through cloud-based platforms. These tools facilitate the seamless management of production finances from documentary and independent film projects to high-end television productions.
By integrating services such as Movie Magic Budgeting, SmartStart, and SmartTime, EP addresses the complexities of production workflows, ensuring efficiency and transparency for producers, line producers, and other stakeholders involved in the production arc. The company serves a diverse client base, including independent filmmakers and large production studios, primarily within the North American, European, and Australian markets. The revenue model of Entertainment Partners is structured around service subscriptions and partnerships with production companies and filmmakers. Clients typically engage EP for a suite of services, including payroll processing, production budgeting, and crew management, often through annual or project-based subscriptions.
Notable products such as SmartAccounting and SmartPO are key components that facilitate financial transactions and budget management during productions. The pricing strategy reflects the comprehensive nature of these services, with fees typically determined by the scope of the production and the specific tools utilized. This B2B approach allows EP to maintain strong relationships with industry professionals, thereby solidifying its position as a leading provider of digital solutions in the entertainment sector. Following its acquisition by TPG on March 26, 2019, Entertainment Partners, Inc.
plans to leverage this partnership to accelerate growth and enhance its service capabilities. The company is expected to focus on developing new products tailored for the changing needs of the digital entertainment landscape. Additionally, EP aims to expand its reach into new geographic markets, targeting regions in Asia and South America by 2024. This strategic direction will be supported by the resources and expertise gained from the acquisition, allowing EP to strengthen its market presence and innovate its offerings.
Current Investors
Primary Industry
Outsourcing
Sub Industries
Human Resources Services, Recruitment/Executive Search, Accounting Services, Web Applications, Accounting/Finance Software, HR & Workforce Software
Website
www.ep.com/
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Entertainment Partners, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | CASHét Entertainment | - | ||||||||
| Add-on, Trade Sale | Completed | We Got POP Ltd. | - | ||||||||
| Buyout | Completed | Entertainment Partners, Inc. | - | ||||||||
| Trade Sale | Completed | Entertainment Partners Canada | - |
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