EQT’s Acquisition of Cast & Crew Entertainment Services

Goldman Sachs & Co. LLC., Simpson Thacher & Bartlett LLP and Aon served as advisors to EQT VIII. Moelis & Company LLC and Morgan Stanley & Co. LLC served as lead financial advisors to Cast & Crew. Cast & Crew was also advised by J.P. Morgan. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor.

The EQT VIII fund has agreed to acquire Cast & Crew Entertainment Services, a leading technology provider of software and services to the entertainment production industry, from global technology investing leader Silver Lake.

Founded in 1976 and based in Burbank, California, Cast & Crew provides solutions that simplify and automate complex processes for companies and productions in the entertainment industry. Its software products and services assist in the areas of payroll & human resources, accounting & financial and workflow & productivity. The Company has a 40-year track record of supporting its customers’ creative pursuits. Cast & Crew’s software products and services have supported the production of some of the highest-grossing films and music tours of all time, Emmy award-winning television and digital streaming programs, commercials for many of the most well-known brands, Tony award-winning Broadway shows, major sports and live event venues and many of the most highly attended music festivals.

EQT will support Cast & Crew in its next phase of development as the Company focuses on accelerating product and service expansion in current and new verticals, while continuing to provide best-in-class service to its customers. Moreover, EQT will leverage its local European presence and extensive Industrial Advisor Network to accelerate the Company’s international expansion, initially focused in Europe.

The Simpson Thacher team includes Robert Langdon (Picture), Michael T. Holick, Fred De Albuquerque, Mark Myott and Michael Deitch (M&A); Jennifer Hobbs and Eli Isak (Credit); Marcy Geller and Joseph Tootle (Tax); Erin Murphy and Alexander Ellebracht (Employee Benefits and Executive Compensation); Jason Glover, Robert Lee and Vasanth Padaki (Private Funds); Peter Thomas, Sara Razi, Ellen Frye, Kelly Karapetyan and Tomi Mendel (Antitrust); Noreen Lavan (Environmental); Jeff Ostrow and Alysha Sekhon (Intellectual Property).

The Paul, Weiss team includes corporate partners Justin Hamill, Brian Lavin and Brad Finkelstein; tax partner Lindsay Parks; intellectual property partner Chuck Googe; employee benefits partner Lawrence Witdorchic; real estate partner Salvatore Gogliormella; and antitrust counsel Marta Kelly.

Involved fees earner: Justin Hamill – Paul Weiss Rifkind Wharton & Garrison; Brian Lavin – Paul Weiss Rifkind Wharton & Garrison; Brad Finkelstein – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison; Salvatore Gogliormella – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; Robert Langdon – Simpson Thacher & Bartlett; Michael Holick – Simpson Thacher & Bartlett; Frederick De Albuquerque – Simpson Thacher & Bartlett; Mark Myott – Simpson Thacher & Bartlett; Michael Deitch – Simpson Thacher & Bartlett; Jennifer Hobbs – Simpson Thacher & Bartlett; Eli Isak – Simpson Thacher & Bartlett; Marcy Geller – Simpson Thacher & Bartlett; Joseph Tootle – Simpson Thacher & Bartlett; Erin Murphy – Simpson Thacher & Bartlett; Alexander Ellebracht – Simpson Thacher & Bartlett; Jason Glover – Simpson Thacher & Bartlett; Robert Lee – Simpson Thacher & Bartlett; Vasanth Padaki – Simpson Thacher & Bartlett; Peter Thomas – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Tomi Mendel – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Jeffrey Ostrow – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett;

Law Firms: Paul Weiss Rifkind Wharton & Garrison; Simpson Thacher & Bartlett;

Clients: EQT Partners; Silver Lake; Cast & Crew Entertainment Services LLC;

Author: Ambrogio Visconti