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Tuesday, Oct 3, 2023

New York Private Equity Firm Acquires Cast & Crew

Entertainment industry payroll provider Cast & Crew Entertainment Services has been sold to New York private equity firm ZelnickMedia. Terms of the deal between the Burbank company and ZelnickMedia were not disclosed. Cast & Crew had been owned by ABRY Partners, a Boston private equity firm. ZelnickMedia has a proven track record of taking companies it invests in to new levels of success, said Cast & Crew Chief Executive Eric Belcher. “We are thrilled to have a partner who will continue to champion our aggressive investments in technology, personnel and workflow processes,” said Belcher, in a prepared statement. Belcher and other management will remain with the company. Cast & Crew’s services include managing payroll, accounting and production incentives. In addition to its Burbank headquarters, Cast & Crew has offices in seven states and two Canadian cities.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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