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https://www.panoramaaudiovisual.com/en/2021/04/08/streamland-media-adquiere-sim-post/

The transaction will strengthen Streamland's existing presence in Los Angeles and Vancouver, and give the company a prominent presence in New York City.

Streamland Media has announced the acquisition of the post-production business of Sim Video International (Sim Post). The strategic acquisition builds on Streamland's prominent artist roster and will expand the company's technical portfolio by increasing its non-scripted and scripted content offerings in North America.

The acquisition will strengthen Streamland's current presence in Los Angeles and Vancouver, and give the company a prominent presence in New York City.

The CEO of Streamland Media, Bill Romeo, highlights that "the addition of Sim Post consolidates our commitment to creating an unparalleled post-production community that is supported by a team of talented people. The alignment of Sim Post with the philosophy and culture of Streamland will make this transition seamless, allowing us to amplify social responsibility efforts within the communities where we live and work."

The transaction, which is expected to complete in the first half of 2021, is backed by Trive Capital and Five Crowns Capital. The company assures that there will be no interruption of services to Sim Post clients during the integration, and all employees dedicated to Sim's post-production business will be part of the transition.

David Stinnett, partner at Trive Capital, highlights that “the addition of Sim Post expands Streamland Media's presence in critical content creation markets, while strengthening and deepening client relationships and technical expertise.” Streamland and Trive remain focused on providing comprehensive, forward-thinking services globally, and we are confident that Sim Post's team and technology will bring extraordinary capabilities to our clients.”

The founder and managing partner of Five Crowns Capital, Jeffrey Schaffer, adds that "Streamland Media's core values ​​drive its continued mission to elevate and evolve what is possible in a customer-centric, talent-driven post-production services company. We are excited for its growth and increased ability to connect with local creative communities globally."
Currently, Streamland Media operates through post-production businesses under the Picture Shop, Finalé, The Farm, Ghost VFX, Formosa Group and Picture Head brands. These companies serve film and television productions, interactives and emerging forms of entertainment, providing world-class talent, technical expertise and customized solutions in image and sound finishing, visual effects and marketing.

Headquartered in Los Angeles, Streamland Media has multiple locations around the world, in the United States, Canada, Europe and the United Kingdom, focused on offering a unique regional approach to meeting client needs.

By, Apr 8, 2021, Section:Business, Postpro

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