InterMedia Partners

InterMedia Advisors LLC
Company typePrivate
IndustryPrivate equity
Founded2005; 20 years ago (2005)
FounderLeo Hindery
Headquarters48th floor on the Chrysler Building
New York, New York, United States
Key people
Tom Daschle,
Alan Sokol
ProductsLeveraged buyout, Growth capital
Total assets$1 billion
Websitewww.intermediaadvisors.com
The Chrysler Building, the location of the headquarters

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, the 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.

Tom Daschle

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]

References

  1. ^ "Contact Us." InterMedia Partners. Retrieved on October 18, 2011. "InterMedia Advisors, LLC 405 Lexington Avenue, 48th Floor New York, NY 10174"
  2. ^ "Toon for sale?" Peterlee Mail. Friday July 4, 2008. Retrieved on October 20, 2011. "Ashley is said to have told private equity investors InterMedia Partners - based in the swanky Chrysler Building -[...]"
  3. ^ Jake Tapper, "Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver Archived 2011-07-18 at the Wayback Machine," ABC News, January 30, 2009. (Accessed January 30, 2009)
  4. ^ Jonathan Weisman, "Daschle Paid Back Taxes After Vetting," Wall Street Journal, January 31, 2009. (Accessed January 31, 2009)

Sources

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