Crescent Financial Partners has signed an agreement to acquire a minority equity stake in Prominent Pictures for a minimum initial guaranteed commitment of $10 million to contribute towards a slate of feature films budgeting between $2M-$10M each.
Aprox. Value: $10,000,000
Acquirer: Crescent Financial Partners
ACQ Web: http://www.crescentfinancialpartners.com
Location: USA, Los Angeles, CA
Region: North America
Description: Crescent Financial Partners, Inc., (CFP) is a Los Angeles-based private equity merchant banking firm, focused on early stage and middle market investment opportunities. CFP is a principal investor, providing project and growth funding, business development expertise, and strategic and financial guidance to a number of business sectors.
Category: Private Equity
Contact: Russell Armstrong, Managing Director
Vendor: Prominent Pictures, LLC
Location: USA, Los Angeles, CA
Region: North America
Description: Prominent Pictures, LLC, is an independent film production and integrated media company founded by Paull Cho and Heather Rae and represented by William Morris Endeavor Global (WME). WME also represents Cho while United Talent Agency (UTA) represents Rae.
Category: Film and TV
Contact 1: Paull Cho, founder
Contact 2: Heather Rae, founder
Link: Press Release
FDN Database Reference: F231109-378
Contact us at pkelly@fusioncorp.co.uk or visit the Fusion Corporate Partners website
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