Business Description:
Digital Domain is an Academy Award-winning digital production studio
specialized in producing visual effects for feature film and
advertising production. Founded in 1993, the company has built
a legacy of achievement, listing Titanic, The
Day After Tomorrow and The Curious Case
of Benjamin Button among its 65+ film credits. A creative giant
in advertising, Digital Domain has created some of the world’s most
memorable spots. The studio works with many of Hollywood's leading
directors. Digital Domain is continually pushing into new territory
and is recognized for its pioneering work in photo-real digital humans
and productions that bring the worlds of movies, games, advertising
and the web closer together.
Falcon Solution:
Drawing on its deep media expertise, Falcon structured its investment
to be protected by the inherent strategic value
of the company within its industry while taking into account the
company’s near-term earnings cyclicality. Falcon initially purchased
senior secured notes with warrants and convertible preferred stock
and subsequently provided additional capital in support of a strategic
acquisition.
|
Industry:
Digital special effects
Sponsor:
Management and other investors
Securities:
Senior secured notes with warrants and convertible preferred stock
Financing Challenge:
Lumpy earnings cycle based on feature film production and seasonality of commercial
projects
Exit Date:
Current investment
Company Website:
http://www.digitaldomain.com/ |