Dubin Clark, Jacksonville Beach, Fla., a private equity firm focused on building niche market leaders in the lower middle market, has sold portfolio company InProduction to ZMC Management.
InProduction, a special event service company based in Chicago, offers event transformation services for large-scale corporate, social, and sporting events, including design, fabrication, delivery, installation, and on-site execution and tear-down.
ZMC Management is a private equity firm comprised of investors and executives who invest in and manage a group of media, entertainment, communications and technology enterprises.
Dubin Clark launched the InProduction platform in June 2015 and subsequently led the acquisition of four add-ons to build scale, service offerings and geographic reach.
“Our partnership with Dubin Clark was a guiding light, providing direction and clarity. As we step into this new phase with ZMC, we are filled with anticipation for what lies ahead, building on the legacy and foundation we’ve established. In partnership with Dubin Clark, InProduction successfully undertook four add-on acquisitions, evolving into a cohesive and distinct leader for event transformations,” said Jason Tedrow, CEO, InProduction.
Brent Paris, managing partner at Dubin Clark, said, “We could not be prouder of the outcome at InProduction. During our partnership, we were able to integrate four add-on acquisitions, drive market leadership, and position the company for significant growth while navigating through the pandemic. We would like to thank Jason Tedrow and the entire team for their leadership and contribution to a great result.”
TD Cowen, a full-service independent investment bank, acted as the exclusive financial advisor to InProduction and Dubin Clark.