LOS ANGELES–Eclipse Entertainment Capital LLC today revealed the investment banking firm’s active role in the successful negotiation with Playboy Enterprises (PEI) (NYSE:PLA) for the acquisition of Club Jenna Inc. and its affiliated companies (CJI).
Peter Holt Gardiner, CEO, Eclipse Entertainment Capital LLC, served as financial and strategic advisor to Jenna Jameson and Jay Grdina, principals in Club Jenna Inc., during the negotiations leading to the acquisition of the company by Playboy Enterprises.
“This is a deal that was negotiated to find ways the two companies could combine forces to be a lead player in the evolving market for adult entertainment,” Gardiner said. “Club Jenna is the premier brand in the industry and offers Playboy a successful film production business, a library of video content, a network of web sites and a DVD retail distribution deal.”
Grdina and Jameson praised Gardiner for his guidance in structuring a deal that could work for both parties.
“Holt’s advice was invaluable in helping us come to a deal that worked for both parties,” Grdina said. Jameson added, “He has a thorough knowledge of the entertainment business and helped us articulate how the two companies could be even more successful, going forward together.”
Eclipse Entertainment, headquartered in Los Angeles, is an investment banking and entertainment production firm that specializes in investment banking advisory services to companies involved in the entertainment and media business, with a primary focus on mergers & acquisitions, principal investments, leveraged transactions, venture capital and entertainment project finance and production.