You will be redirected back to your article in seconds

ZM Capital acquires Cast & Crew

Abry sells payroll specialist for undisclosed price

An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners.

Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor relations, production incentives and workers compensation insurance with field operations in New York, Albuquerque, Atlanta, Baton Rouge, New Orleans, Detroit, Philadelphia and Wilmington and Canadian offices in Toronto and Vancouver.

Cast & Crew’s management team will remain in place. “The ZelnickMedia team values and supports Cast & Crew’s mission to provide the market-leading service and best-in-class products that have defined us for the last 37 years,” said Eric Belcher, persident and CEO of Cast & Crew.

The announcement noted that Strauss Zelnick, managing partner of ZelnickMedia, has a long-standing relationship with Belcher, dating back to when they worked together at Fox where Zelnick was president and chief operating officer.

“Cast & Crew has an exceptionally strong and experienced management team, industry-leading service and software, a culture characterized by entrepreneurial spirit and accelerating momentum — all critical to our investment decision,” Zelnick said.

ZelnickMedia said the deal fits within its strategy of investing in “leading providers of mission-critical services within its sector focus.” Co-investors included VSS Structured Capital Fund and Ares Capital Corp., with Ares also providing senior debt financing.

Lazard Middle Market acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Cast & Crew. Simpson Thacher & Bartlett LLP acted as legal advisor to ZM Capital.

More Film

  • Canal Plus

    Canal Plus Orders Thomas Lilti's 'Hippocrate' Medical Series

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • 'Call Me by Your Name' Costumes,

    Luca Guadagnino Relied on a Pair of Longtime Friends for 'Call Me by Your Name' Decor, Costumes

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • A Profile of Argentine Fantasy Genre

    Mar del Plata: Argentina on the Rise -- Demián Rugna

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • Coco Trailer

    'Coco' Stuffing 'Justice League' at Thanksgiving Box Office

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • Saoirse Ronan Greta Gerwig Playback Podcast

    Playback: Greta Gerwig and Saoirse Ronan on 'Lady Bird' and Coming of Age

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • Gal Gadot Kumail Nanjiani Actors on

    Gal Gadot and Kumail Nanjiani Riff on Their Parents' Expectations and Name Mispronunciations

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

  • SGIFF: Singapore Festival Launches in Understated

    Singapore Festival Launches in Understated Style

    An investor group led by ZM Capital has acquired payroll specialist Cast & Crew Entertainment Services for an undisclosed price from Abry Partners. Burbank-based Cast & Crew said the deal with ZM Capital, ZelnickMedia’s private equity fund, closed on Dec. 24. Services include entertainment payroll, production accounting software, procurement and purchasing services, residual payments, labor […]

More From Our Brands

Access exclusive content