Entertainment Partners Acquires CASHt to Boost Production Finance Solutions
Deal News | Jun 02, 2025 | Globenewswire
Entertainment Partners (EP), a leader in entertainment production support, has announced the acquisition of CASHt Entertainment, LLC, a provider of digital payment solutions within the industry. This strategic move aims to enhance EP's end-to-end production finance offerings by integrating CASHt's digital payment services, which include purchasing cards and electronic payments. EP's President, Markham L. Goldstein, highlighted the added value of CASHt's services to EP's comprehensive financial solutions. CASHt plans to maintain compatibility with all payroll systems following the acquisition, ensuring continuity for its clients. The acquisition is expected to drive growth for CASHt, leveraging EP's global presence to expand into new markets. CASHt founders praised the company's achievements and contribution to over 2,500 productions annually. Financial and legal advisors were involved in advising both companies on the transaction.
Sectors
- Media & Entertainment
- Financial Technology (FinTech)
Geography
- United States – Both Entertainment Partners and CASHt are based in the U.S., and the primary market for these companies includes productions in the United States.
- Global – CASHt and EP serve international markets, including the UK, Europe, and Australia/New Zealand, reflecting the intent to expand financial solutions globally.
Industry
- Media & Entertainment – Involves companies and services related to the production, distribution, and commercialization of content across media platforms. The acquisition relates to the financial and management solutions for the entertainment industry.
- Financial Technology (FinTech) – Involves companies that use technology to offer financial services, such as digital payments and accounts payable solutions. CASHt is a provider of these digital payment solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Entertainment Partners | Acquiring Company | Company | A global leader in entertainment production payroll, finance, and management solutions. |
| CASHt Entertainment, LLC | Target Company | Company | A provider of digital payment solutions for the entertainment industry. |
| Centerview Partners LLC | Financial Advisor to Entertainment Partners | Company | Advised Entertainment Partners in the acquisition transaction. |
| Ropes & Gray LLP | Legal Advisor to Entertainment Partners | Company | Provided legal advisory services to Entertainment Partners. |
| Moulton | Moore | Stella LLP | Legal Advisor to Entertainment Partners | Company | Provided additional legal advisory services to Entertainment Partners. |
| William Blair | Financial Advisor to CASHt | Company | Provided financial advisory services to CASHt. |
| Paul Hastings, LLP | Legal Advisor to CASHt | Company | Provided legal advisory services to CASHt. |