Five Crowns Capital and StoneCreek Capital have acquired Mob Scene, LLC, an entertainment marketing, advertising, content and production company. Five Crowns and StoneCreek are making the investment in conjunction with Mob Scene’s co-founder and CEO, Thomas Grane, management and a group of investors including Banyan Mezzanine Funds, Diamond State Ventures and Jefferson Capital Partners. East West Bank provided the senior secured credit facility.
Five Crowns Capital and StoneCreek Capital announced today the acquisition of Mob Scene, LLC, in partnership with the company’s co-founder and CEO, Thomas C. Grane, management and a group of leading private equity investment firms, including Banyan Mezzanine Funds, Diamond State Ventures and Jefferson Capital Partners. East West Bank provided the senior secured credit facility.
“We are very excited about partnering with Tom Grane who will be working closely with Five Crown’s operating partner David Hope to leverage off of the company’s unique strengths and to pursue strategic growth opportunities”, said John A. Miller, Managing Director and co-founder of Banyan Mezzanine Funds.
Mob Scene Creative + Productions, www.mobscene.com an Emmy® nominated and multi-award winning entertainment marketing, advertising, content and production agency for high profile entertainment properties, announced today the majority sale of the company. Through the transaction, co-founder Mr. Brian Daly will be exiting the company to pursue new business and creative endeavors.
Said Daly, “While this was a lot of work, Five Crowns and StoneCreek made the process of navigating our first transaction as a company efficient and painless at every step and they delivered on the terms and timeframe promised. The company is getting an infusion of capital from passionate and experienced investors, and we as founders are able to follow our individual passions; Tom with Mob Scene and myself to explore new opportunities.”
Grane, will remain with the company in his role as CEO and retain a significant ownership position in the company. He will continue to oversee the day to day operations and drive the company’s strategic growth. Grane added, “This is an amazing new chapter for the company and I’m incredibly excited about my new partners and our shared vision for the future. Though I will miss having Brian as my partner, I am excited to say that Mob Scene’s leadership otherwise remains intact with Jeff Lamont as President of Creative Advertising and Jason Groff as Executive Vice President.”
“As investors, our core strategy is to back strong management teams and to help support them as they implement their vision for the business. In addition to world class leadership at Mob Scene, we are also fortunate to have such strong financial partners, in Banyan, Jefferson and Diamond State. This is the second platform that StoneCreek has closed in the last year with this investor group and we are looking forward to working in partnership with them and Five Crowns to help support management’s vision and to pursue strategic growth opportunities” said Drew H. Adams, President of StoneCreek Capital.
Financial terms of the transaction were not disclosed.
About Mob Scene
Mob Scene is an award winning and Emmy® nominated entertainment advertising, behind the scenes and original content company located in Beverly Hills and known for its work on Avatar, True Blood, Man Of Steel, Argo and the X-Men franchise, and for it’s original series; including FX’s Anarchy Afterwards and FX Movie Download.
About Five Crowns Capital
Five Crowns Capital, LLC is a private investment firm that sponsors buyouts of small and middle market companies. Based in Newport Beach, CA, the firm looks to partner with management teams and owners in order to create catalysts for unlocking value. Our investments take the form of acquisitions of private companies, corporate divestitures, structured bridge loans, and special situations.
About StoneCreek Capital
StoneCreek Capital, LLC is an independent private equity sponsor that invests in growth-oriented middle market companies in a wide range of industries. Based in Irvine, California, the firm targets investments in companies with $2 million to $20 million in EBITDA, with a focus on entrepreneurial and family owned businesses, as well as corporate spin offs.