Company type | Private |
---|---|
Industry | Private equity |
Founded | 2005 |
Founder | Leo Hindery |
Headquarters | 48th floor on the
Chrysler Building New York, New York, United States |
Key people |
Tom Daschle, Alan Sokol |
Products | Leveraged buyout, Growth capital |
Total assets | $1 billion |
Website | www.intermediaadvisors.com |
InterMedia Advisors, LLC (a..k.a. InterMedia Partners), is a private equity investment firm focused on leveraged buyout and growth capital investments in the media sector.
The firm, which was founded in 2005 by notable private equity investor Leo Hindery,[ citation needed] is based on the 48th floor of the Chrysler Building in Midtown Manhattan, New York City. [1] [2]
Until 2014, firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson, Hemisphere Media Group, Universal Sports, Control Room, Aspire, BlackBook Media, @Home Network, Sportsman Channel, Cinelatino, Soul Train Holdings, Vibe Lifestyle Network, Pasiones, Television Dominicana, CentroAmerica TV, Up, WAPA América, and Puerto Rican station WAPA-TV. The firm sold the division to Kroenke Sports & Entertainment which renamed the company Outdoor Sportsman Group.
In 2005, Tom Daschle joined the firm as a senior adviser. It was during his time at InterMedia that Daschle reportedly had the use of a limousine and chauffeur that he did not report in his income taxes. [3] [4]