.
MergerLinks Header Logo

New Deal


Announced

Completed

Cast & Crew completed the acquisition of TEAM from TorQuest.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

United States

Single Bidder

Payroll

payroll and production management

Domestic

Acquisition

Majority

Private

Friendly

Completed

Synopsis

Edit

Cast & Crew, a provider of mission-critical software and technology-driven services, completed the acquisition of TEAM, a payroll and production management solutions company, from TorQuest, a private equity fund. Financial terms were not disclosed. "The TEAM Companies and Cast & Crew make an incredible combination. We each provide solutions to many of the advertising and entertainment industries' most critical challenges and do so in complementary ways for diversified segments of entertainment production. Their strength in the advertising, live events, and music industries has been the result of unwavering commitment to serving and innovating for their customers. By joining forces, we are bringing together the talent, technology, and expertise that will benefit each of our respective customers and enable the next generation of solutions for the next chapters of growth and transformation in our industry," John Berkley, Cast & Crew CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US