Stern Partners makes investment in Thinkingbox

Vancouver-based Thinkingbox has received an undisclosed investment from Stern Partners, a Canadian private equity firm. Founded in 2010 by CEO Amir Sahba, Thinkingbox is a creative and digital production studio servicing agencies and brands in multiple sectors. The investment is intended to help the company expand its service offering, grow its network of global offices, and make strategic hires. It will also support Thinkingbox’s acquisitions of similar businesses. Stern Partners, which currently owns 20 independently-managed companies across a range of industries, acquired Canadian clothing chain Comark last July. As reported by PE Hub Canada, Comark was previously owned by KarpReilly.

Photo: Amir Sahba, founder and CEO of Thinkingbox.

PRESS RELEASE

Stern Partners Invests in Thinkingbox’s Creative and Digital Capabilities

(VANCOUVER, BRITISH COLUMBIA – May 23, 2016) – Thinkingbox announced today that an affiliate of Canadian private investment firm Stern Partners has made an investment in its crea-tive and digital studio. Stern Partners currently owns 20 independently managed companies across multiple industries, including newspapers, media, retail, distribution, manufacturing, and others, which employ collectively over 7,000 employees.

Thinkingbox will continue to operate as an independent entity, with its own unique identity and culture. The investment will help Thinkingbox accelerate the expansion of its service offering, the growth of its global network of offices, and in making a series of strategic hires across mul-tiple markets. Thinkingbox will be positioned as a ‘flagship brand,’ so the production studio is set up to make its own acquisitions across similar businesses.

Ronald N. Stern, President of Stern Partners said: “We are proud of our reputation as a com-mitted investor dedicated to growth and value creation. Our focus is on the quality of the busi-ness and its management – not the exit strategy. We have invested in Thinkingbox because we believe in its people and its long term potential.”

“Stern Partners has over a 30-year proven track record of supporting businesses’ successes,” said Amir Sahba, Founder of Thinkingbox. “As a Canadian company with the same shared vision and values, I believe we’ve found the right partner to continue our global expansion and have no doubt that the firm is the optimal partner for providing invaluable knowledge and support as we continue our growth in the future.”

With offices in Vancouver, Toronto, and Los Angeles, Thinkingbox is an innovative and imagina-tive creative and digital production studio servicing diverse agencies and brands spanning mul-tiple industries. Clients have included: OMD, JWT, DDB, Paramount Pictures, Coca-Cola, United Airlines, and Coors Brewing Company, to name a few. The 60+ employee company offers digi-tal, social, content development, activations, and experiential production.

About Stern Partners:
Stern Partners is a leading Canadian investor with a diverse range of operating companies across a variety of industries, including multi-location retailing, distribution, manufacturing, publishing and printing, real estate and other investments. For more information about Stern Partners see http://sternpartners.com/

About Thinkingbox:
Thinkingbox is a leading creative and digital production studio with offices in Toronto, Vancou-ver, and Los Angeles. With expertise in creative design, digital development and experiential campaigns they deliver award-winning work to a roster of global agencies and brands. For more information about Thinkingbox see http://www.thinkingbox.com/.

Thinkingbox Contact:
Adrienne Scordato
Founder and CEO
Atrium PR
adrienne@atrium-pr.com
(917) 402-5377

Photo courtesy of LinkedIn