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Breakwater Finances Acquisition of Open Road Entertainment
Growth capital fund continues to build leading Los Angeles-based entertainment marketing firm serving the film, television, and video game industries.
By: Breakwater Investment Management, LLC
“We are delighted to announce Happy Hour’s acquisition of Open Road Entertainment, a leading provider of creative marketing services in the film, television, home entertainment, video game, and digital media industries,”
“We are very excited to be part of this expanded platform of production, and look forward to growing Open Road Entertainment further,” said Jeff Smith, founder and CEO at Open Road Entertainment. “We are also very pleased about our partnership with Breakwater, given the firm’s extensive resources and capabilities.”
“We are thrilled that our capital has allowed Happy Hour to pursue targeted opportunistic acquisitions in its sector,” said Saif Mansour, Managing Partner at Breakwater. “The addition of the talented professionals at Open Road Entertainment, under the leadership of founder Jeffrey Smith, will help our platform company further its mission of providing best-in-class creative marketing services to a growing, global client base in the entertainment industry.”
About Breakwater Investment Management, LLC:
Breakwater Investment Management (www.breakwaterfund.com)
If you would like to know more about Breakwater, visit www.breakwaterfund.com or call (424) 777-4000.
Breakwater Investment Management, LLC
1999 Avenue of the Stars
Los Angeles, CA 90067