Deluxe and JMS Group Aug. 4 announced that they have entered into exclusive discussions to finalize the acquisition by Deluxe of Europe based Éclair Theatrical Services (ETS), a provider of cinema services, including mastering and electronic delivery to content production studios and distributors controlled by JMS. Financial terms were not disclosed.
Deluxe, which for years supplied DVD/Blu-ray Disc replication for studios, is owned by private equity group Platinum Equity.
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Established in 2013, ETS is a provider of digital cinema content mastering and electronic delivery for independent distributors and studio clients throughout its operating territories, which include France, Spain, Portugal, Germany, Austria, Italy, Belgium, Denmark, U.K. & Ireland, and North America, with additional presence in Central Europe and Latin America.
“ETS would provide us with an expanded and enhanced footprint throughout Europe and more than 3,000 cinemas in 20 territories connected to the broadband based electronic delivery network,” George Eyles, Deluxe EVP and GM of Worldwide Cinema, said in a statement.
Eyles said the acquisition would complement the company’s strategy to stay ahead of the increasing complexity and scale needs of studio clients’ day-and-date multiplatform releases, and creating a sustainable electronic delivery platform.
“After starting the business with mastering and hard drive logistics in France only, we brought together the three satellite platforms that were delivering films to European theaters, and we have recently completed the migration of our network from satellite to the much more efficient terrestrial fiber delivery,” said Jean Mizrahi, founder/CEO of JMS. “We are convinced that Deluxe can be the ideal partner for the company to take this next step. This transaction, if completed, will not only accelerate the development of ETS, but also strengthen the financial resources of the JMS Group for its future growth.”