Private investment platform Zello has acquired lighting and grip rental firm Cinelease, the company announced Friday. Cinelease had previously been run by Herc Rentals (NYSE: HRI). As part of the deal, Cinelease will operate as a standalone, privately-held company and continue to be run by industry veterans Mark Lamberton, Chris Rogers and Gannon Murphy.
“Cinelease marks a foundational acquisition for Zello,” said Zello founder/CEO Louis Dargenzio. “We’ve quietly built one of the most strategic platforms in the entertainment space—and we’re just getting started.”
Find out more about Zello’s entertainment focus
here.
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