Case Studies

Sale of ASI Entertainment to a Privately-Held Strategic Buyer

tombstone-ASI

Calabasas Capital is pleased to announce the successful sale of its client, ASI Entertainment (a dba of Castler, LLC) to Screen Engine, LLC.

ASI Entertainment is a full service market research services firm based in North Hollywood which has been in business for over 50 years and specializes in dial research for TV, advertising, politics and mock juries. The company has conducted research for every broadcast and cable television network.  Headquartered in Century City, Screen Engine is a full service market research and marketing information agency with an emphasis in the entertainment category that works with clients to better identify and leverage opportunity and assess and manage risk.

Calabasas Capital advised ASI Entertainment on strategic alternatives and ran a sale process soliciting interest from several strategic and financial buyers. Based on a variety of factors, ASI selected to proceed with Screen Engine to consummate the transaction. We negotiated on behalf of ASI, quarterbacked the entire due diligence process, advised on structuring and worked closely with the attorneys on documentation.

ASI executives and co-owners, Beverly Bolotin, CEO, and Elliot Rosenberg, President, commented, “We are very pleased with the closing of this transaction.  We were keenly focused on maintaining the legacy of ASI and partnering with an exceptional forward-looking buyer like Screen Engine.  We believe the combined companies will be able to accelerate growth well into the future.  We selected David Bonrouhi and his team at Calabasas Capital based on their expert understanding of the entertainment industry-focused business services sector.  Their commitment was instrumental in helping us select what we feel is the perfect partner and ultimately closing the transaction.”

Disclaimer

The information contained herein is believed to be reliable, but is not guaranteed as to its accuracy or completeness. This website is provided solely for your information and convenience. This material does not constitute an offer to sell or a solicitation of an offer to buy any security.

An offer can only be made by a prospectus that contains more complete information on risks, management fees and other expenses. In order to fully understand all of the implications and risks of investing, investors should carefully read a prospectus before investing.

Investment Products and Services Are Offered Through Fallbrook Capital Securities Corp. (Member FINRA and SIPC). You may contact Fallbrook Capital Securities Corp. by calling (818) 657-6130 or going to www.fallbrookcapital.com