New York, NY – January 16, 2018
Industrial Color Brands, a provider of end-to-end production and post-production services and workflow software to the digital content production industry, today announced its acquisition of Click3X, a film, video and post production studio with over 25 years of award-winning industry expertise in new media formats such as VR, AR, CGI and live-streaming. Terms of the transaction were not disclosed.
Click3X brings capabilities in video production and new media to Industrial Color’s already broad service offering. Click3X recently opened a 30,000 square-foot studio in Los Angeles designed to produce high-volume, high-quality photography for advertisers. That studio complements the company’s existing e-commerce photography hub in Philadelphia, making it one of the country’s largest resources for marketers utilizing every aspect of the web to drive sales.
Industrial Color Brands, acquired by Frontenac in August 2017, is an industry-leading visual content production company with integrated offerings designed to support marketers, brands, agencies and the wider production industry with solutions for today’s digital commerce marketplace. Founded in 1992, Industrial Color’s services range from full image capture and e-commerce photography to production support and post services including creative editorial, color grading and CG.
“We’ve seen a growing need for video production capabilities and have been in the market for a partner that would not only enhance our video offering, but one that provides a truly integrated and complementary suite of services,” says Steve Kalalian, CEO of Industrial Color Studios. “Click3X was the ideal fit. While the industry continues to evolve at lightning speed, I’ve long admired Click3X as a company that’s consistently been on the cutting edge of technology as it pertains to creative film, digital video and new media solutions. Our respective companies’ share a passion for creativity and innovation, and I’m incredibly excited to share this unique new offering with our clients.”
Frontenac is a leading private equity firm, based in Chicago. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with proven operating leaders, through our executive-centric approach called CEO1ST, to identify, acquire, and build market leading companies through transformational acquisitions and operational excellence. The firm has built a leading franchise working with over 275 owners of mid-sized businesses, almost always families or founders, as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.