Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.

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AMF's Acquisition of Ownership in Property Portfolio in Helsinki
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D&G Dobos Gerlai Advise Maltacourt During Acquisition of Mili-Cargo
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Norbord's and Ainsworth's Merger
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Great Canadian Gaming's Acquisition of Casino New Brunswick
May 28, 2015
Procam's Acquisition of HotCam
May 28, 2015

Procam's Acquisition of HotCam

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Image

Jonathan Leigh-Hunt, Legal Adviser to Procam

The UK’s largest camera rental facility, Procam, today announced the acquisition of US-based camera rental company HotCam New York. The move enables Procam to provide its expanding US client base with the same levels of service and expertise it is renowned for across the UK, while also supporting UK-based clients shooting in the US.

Procam plans to expand HotCam New York’s offering in the US, as well as extend Procam’s reach into new territories, through further acquisitions over the next 12 to 24 months.

HotCam New York will mirror the extensive range of services provided by Procam’s UK offices in London, Manchester, Glasgow and Edinburgh, which include kit and crew rental, project management, workflow consultancy and training for TV, drama, features, commercials, branded and VoD content. Procam is planning on keeping the HotCam New York branding for the business, and HotCam New York will benefit from the same 24-hour support offered to all Procam’s UK clients, as well as Procam’s industry-leading staff training.

Procam is well-known in the UK for its work with leading production companies including All3Media and Monkey Kingdom (part of NBCUniversal). Its recent productions include the popular Made In Chelsea and technically-challenging The Island With Bear Grylls.Procam also provided crew and equipment on both sides of the Atlantic for Dynamo: Magician Impossible and US support for the British reality series Taking New York.

HotCam New York has a long list of high-profile US shows to its credit, including The Tonight Show Starring Jimmy Fallon, American Pickers and Teen Mom. The company was established in December 2004 by sound mixer Trevor Hotz and partner Ali Grapes, as an off-shoot of HotCam UK. Hotz and Grapes have resigned their positions as co-owners of HotCam New York. HotCam UK will operate unaffected by Procam’s acquisition.

The strategic purchase of HotCam New York was led by Procam’s Group CEO, John Brennan and backed by private equity firm, Foresight Group.

“American production companies have long been asking us to open a facility in New York, and we’ve looked to set up shop there for many years," said Brennan. "The HotCam New York opportunity fulfils our clients’ demands for a Procam presence in the US, and means we can offer a more seamless and detailed level of service for UK clients shooting in the US. Customer services – from kit logistics and carnet handling to technical assistance on the ground – will now be much easier. Additional group investment will see HotCam New York progress even further with a series of up-to-date enhancements and solutions, and this will also enable us to expand into supporting more high-end dramas and feature productions.”

Clive Jones CBE, Chairman of Procam, said: “Bringing two of the strongest brands in the industry together will deliver significant benefits to our customers on both sides of the Atlantic. The combined entity will have a leading position in the global TV, drama, features, commercials, branded content and VoD hire sectors. These increased capacities will allow us to better meet the huge demands of current customers and acquire new ones. We're ultimately laying the foundations to advance our goal of growing into a global and integrated TV, drama and film facilities company.”

The acquisition of HotCam New York is the latest part of Procam’s ambitious expansion plans. It follows the recent purchase of UK-based lens service and manufacturing facility True Lens Services, which has designed and supplied lens modifications for high-profile motion pictures, including the Bourne series, 007 Casino Royale and the 2015 Oscar-nominated movie Mr. Turner. Procam also recently acquired rental company Hammerhead TV, expanding its services into Scotland.

"When we look at acquisitions, we look for companies that share a similar philosophy to us, namely the very best service levels delivered with professionalism and attention to detail," added Brennan. "The gap between feature and television production has narrowed to the point where the production kit requirements are very similar to each other, with the same digital cinematography cameras increasingly commonplace across the board. HotCam New York is a mature company with a great reputation. It fits very well into what we are moving forward to achieve.

Speaking about the sale of HotCam NY, the former Hotcam US owners Ali Grapes and Trevor Hotz commented, “We are both extremely proud of our US legacy and agree that it's now time for us to evolve a new work dynamic.”

Alexion's Acquisition of Synageva
May 28, 2015
OPKO Health Acquires EirGen Pharma
May 28, 2015
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