BRS and Palladin form InMotion Entertainment Group
Bruckmann, Rosser, Sherrill and Palladin Consumer Retail Partners have teamed up and bought the InMotion Entertainment, Soundbalance and Headphone Hub-branded entertainment and electronics airport retail businesses from Project Horizon. The new businesses will now operate under the name of InMotion Entertainment Group. No financial terms were disclosed. Fifth Street Finance Corp. provided debt financing and co-invested in the equity in the transaction while Wells Fargo Securities served as exclusive financial advisor. Based in Jacksonville, Florida, InMotion Entertainment Group is an airport-based retailer of headphones, mobile device accessories and other consumer electronics.
2 October 2013•4 mins read
