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    Home » Cast & Crew Entertainment Services Acquires CAPS Payroll

    Cast & Crew Entertainment Services Acquires CAPS Payroll

    By SHOOTFriday, June 17, 2016Updated:Tuesday, May 14, 2024No Comments5349 Views
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    Eric Belcher, president and CEO of Cast & Crew
    BURBANK, Calif. --

    Cast & Crew Entertainment Services, which offers technology-enabled payroll and production management services to the entertainment industry, has signed a definitive agreement to acquire CAPS Payroll, a payroll provider spanning multiple entertainment end markets including commercial production, venues, music tours, live events, unscripted television and independent film.

    Silver Lake, the global technology investing firm and controlling shareholder of Cast & Crew, is committing substantial additional equity to fund the acquisition and support Cast & Crew’s continued growth. Since Silver Lake’s acquisition of Cast & Crew in mid-2015, the company has made significant investments with an eye towards the digital future, including the release of new and advanced digital workflow solutions, the acquisition of screenwriting software leader Final Draft, Inc. and now the addition of CAPS, itself a technology pioneer in the entertainment subsectors it serves.

    Providing clients with a diverse portfolio of technology-enabled services, Cast & Crew is a partner to major and independent film and television studios. Its capabilities include entertainment payroll and residuals processing; products such as its PSL production accounting software; workers’ compensation programs; and financial services such as production incentive consulting and administration. Cast & Crew is celebrating its 40th anniversary this year.

    CAPS, a portfolio company of Uni-World Capital, also has a rich 25-year history and provides end-to-end production payroll and accounting solutions for clients of all sizes. The company brings particular expertise in commercial production, venues, music tours, live events, unscripted television and independent film, and is known for its technology innovation and strong commitment to customer service. CAPS’ headquarters are in Culver City, California, and the company has a strong employee base across multiple locations in the U.S. and India.

    “Cast & Crew and CAPS are an ideal fit, with complementary client bases, compatible technology portfolios and consistent corporate cultures,” said Eric Belcher, president and CEO of Cast & Crew. “This combination will offer clients the industry’s best suite of technology- enabled solutions and expand support, training and career opportunities for employees of both companies.”

    Doug Sylvester, CEO of CAPS, noted that Cast & Crew and CAPS management are aligned with respect to the combined company strategy. “We are delighted to join an organization with exceptional relationships and expertise in the entertainment industry, a deep commitment to customer service and a clear vision of where the market is going,” he said. “Cast & Crew has a wonderful reputation with clients and employees alike, and we look forward to becoming part of the team.”

    “Silver Lake’s mission is to invest behind the growth of technology leaders like Cast & Crew,” added Joe Osnoss, managing director at Silver Lake. “We are enthusiastic about the compelling combination with CAPS, and our follow-on equity investment underscores our confidence in what this platform can offer to the dynamic media and entertainment marketplace.”

    Chris Fuller, managing partner of Uni-World Capital, noted: “We partnered with CAPS co-founder Eric Capogrosso in May 2011 to accelerate the growth of CAPS and enhance its strategic position through investments in technology and people to help take the business to the next level. Those efforts were quite successful, and I am pleased to see CAPS now joining the Cast & Crew family where CAPS will be optimally positioned to continue to thrive.”

    Cast & Crew was advised by the law firm of Kirkland & Ellis LLP.

    CAPS was represented by Houlihan Lokey and Kaye Scholer LLP.

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    Category:News
    Tags:CAPS PayrollCast & Crew Entertainment Services



    Review: Riz Ahmed and Director Aneil Karia Take “Hamlet” For An Edgy Spin

    Wednesday, April 1, 2026
    This image released by Vertical Entertainment shows Riz Ahmed in a scene from "Hamlet." (Vertical Entertainment via AP)

    "To be, or not to be," Hamlet says in his best-known speech — questioning the value of life itself and, more immediately, his own. But surely, these words have rarely if ever been uttered with such an apparent death wish as when Riz Ahmed, our latest troubled prince, hurtles down a motorway in his BMW, gathering speed with each iamb. Talk about "shuffling off this mortal coil" — his hands are off the wheel, and he's in the wrong lane! His eventual demise, in director Aneil Karia's new "Hamlet," seems perilously premature — until he wisely stops the car. Because, as we know, there are many deaths to come before Hamlet's. Every screen adaptation has had to wrestle with where to place, physically, this most famous of speeches. Laurence Olivier intoned the words near a literal, cresting "sea of troubles." Kenneth Branagh stared into a mirror. Ethan Hawke notably did it in a Blockbuster aisle — his angst relatable to anyone who has trouble deciding on a movie. But Ahmed's version seems particularly apt for the actor's considerable talents, and is one of the more compelling moments of a pared-down, engaging if spotty rendering of the world's most famous play. Jittery, tense, fast-talking and always on edge, this is a Hamlet, above all, in a rush. He also inevitably recalls a Hamlet-like character who recently graced our small screens: Kendall Roy in "Succession." The setting, indeed, is so "Succession"-like, it hardly seems an accident. The film, adapted by Michael Lesslie, takes place in modern-day corporate London, centered on a wealthy real estate family in the South Asian community. The name of the family biz? No, not Roy. It's Elsinore, of course. We open with death, naturally. "Elsinore Property CEO Dead at 77," the headlines blare.... Read More

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