Cinelease Acquired by Zello to Boost Entertainment Infrastructure

Zello, a private investment platform, has acquired Cinelease, a leader in lighting and grip rentals, from Herc Rentals. This strategic acquisition supports Zello's overarching goal to advance infrastructure within the film and television production industry. Cinelease, which has served the industry for over 45 years, operates across major hubs in the U.S. and Canada, providing essential production equipment and robust studio management services. Under Zello's ownership, Cinelease will continue to be led by existing industry veterans. Zello, with a focus on long-term value creation in high-growth industries, plans to leverage its operational expertise to enhance Cinelease’s market presence and facilitate disciplined expansion. The acquisition, backed by financial and legal advisors including American Discovery Capital, EY, and Proskauer Rose LLP, aims to align Cinelease more closely with the needs of filmmakers and production crews, fostering innovation and growth within the sector. The acquisition is poised to usher in a new era for both companies, highlighting Cinelease's commitment to reliability, service, and industry leadership.