Pacific Production Services benefits from growth investment from Arena Investors, LP

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LOS ANGELES, August 11, 2022 /PRNewswire/ — Pacific Production Services, Inc. (“PPS”), founded in 1987, has attracted significant new investment from Arena Investors, LP, Riveria Investment Group and their affiliates. The partnership enables PPS and its wholly-owned subsidiary, Pacific Traffic Control, to expand its range of services for the film and television industry. The company provides its clients with highly trained and qualified experts who manage a range of services and coordination of required regulatory and municipal permits, including traffic and safety planning, design and staffing services.

This partnership provides PPS with the capital and expertise to seize the opportunity to meet the demand generated by the extraordinary growth of content from streaming services and demand from the film and television industry. The investment allows PPS to pursue many organic growth opportunities with existing customers in its California market and new content production hotspots around United States. The partnership will allow PPS to acquire and develop new technologies, equipment and resources to improve business coverage and maintain the first-class service that our customers rely on.

Eric NicholsPresident and CEO of PPS, said the company is “extremely pleased to announce its new strategic partnership with Arena Investors and Riveria. This alliance will allow PPS to expand its considerable range of expertise, products and on-site filming services to more filming professionals, in more locations.

Daniel ZwirnCEO and CIO of Arena Investors, said, “The PPS team has demonstrated an exceptional level of professionalism and enjoys an excellent reputation in the market; his commitment to customers is among the best we have ever seen. As a direct result of its success to date, Arena has pursued a partnership with PPS and is now thrilled to announce this partnership. We will support the management team and existing employees and look forward to the future, including developing new lines of business, making software and technology improvements and opening new markets. .”

About Pacific Production Services

PPS is the largest and most reputable film licensing agency in Los Angeles. We pride ourselves on our ability to simplify the authorization process while saving our customers time and money. The core of our service is consultation: our coordinators get to know a project’s needs and can advise on budgets, timelines and locations that fit a client’s unique needs. Our clients include award-winning COLA and LMGI location managers and teams. We’ve worked on films, TV shows, commercials, music videos and photoshoots that have won awards from critics and audiences around the world. PPS has been a Gold Level Sponsor of COLA since inception in 1995 and a Gold Level Sponsor of LMGI since its inception in 2014. PPS also supports the Motion Picture Officers Association (MPOA). When it comes to filming permits and traffic control expertise, PPS’s quality of service is unmatched.

About Arena Investors

Arena is an institutional asset manager founded in partnership with The Westaim Corporation (TSXV: WED). With $3.6 billion assets under management invested and committed to August 1, 2022, and a team of over 100 employees in offices around the world, Arena offers creative solutions for those seeking capital in special situations. The firm brings people with decades of experience, a track record of comfort with complexity, the ability to deliver on time, and the flexibility to engage in transactions that banks and others cannot process. conventional financial institutions. See www.arenaco.com for more information.

About Riveria Investment Group

Riveria Investment Group, headquartered in New York, NYis a growth-oriented private equity firm that acquires and invests in mid-market companies based in United States. Riveria primarily focuses on growing businesses with a track record of positive operating cash flow and seeks transactions that present unique investment opportunities in high-growth sectors. Riveria’s private equity efforts emphasize growth and value-added strategies to generate strong returns. Riveria actively engages in the operations of portfolio companies by working with management and establishing executive operating partners to grow its investments.

Media contacts:

Prosk partners:
Lindsay Jablonski
[email protected]prosek.com

Arena Investors:
Parag Shah
go@arena.com

SOURCE Arena Investors

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