Cast & Crew’s Acquisition of Backstage Holdings

Latham & Watkins represented Cast & Crew in the transaction while Goodwin advised TA Associates and Backstage Holdings.

Cast & Crew, a leading end-to-end cloud-based platform powering global entertainment production and content creation, announced it has signed a definitive agreement to acquire Backstage Holdings, a leading provider of talent marketplace and content creation tools for the creative economy. 

Cast & Crew was founded in 1976 and is headquartered in Burbank, California, with offices in the U.S., Canada, the United Kingdom, India, and Germany. The company’s platform offers a suite of software and complementary services focused on payroll & human resources, accounting & finance, data & insights, and talent & creative solutions.

Backstage was founded in 1960 and is headquartered in New York. The company’s mission is to make the content creation process more efficient, effective, and scalable. Backstage fosters career development and economic success for its users by developing and operating dedicated industry-specific profiles, workflow tools, and jobs & services marketplaces to serve the unique demands of each creative vertical.

Moelis & Company LLC acted as exclusive financial adviser to Backstage.  

Latham & Watkins represented Cast & Crew in the acquisition with an M&A team led by Los Angeles partners Alex Voxman (Picture) and Andrew Clark and New York counsel Robert McGuire with associates Brianna Dollinger, Joseph Porter, and Eirene Kim. Advice was also provided on finance matters by Los Angeles partner Ken Askin with associate Nick Little; on tax matters by Bay Area partner Grace Lee with associates Jake Meninga and Alex Farris; on executive compensation and benefits matters by Los Angeles partner Larry Seymour with associate Jordan Barnes; on antitrust and regulatory matters by Bay Area partner Josh Holian, Washington, D.C. partner Damara Chambers, and Washington, D.C. counsel Peter Todaro with associate Charlie Sprague; on RWI matters by Los Angeles partner Drew Levin with associate Harrison White; and on TTG matters by Los Angeles partner Ghaith Mahmood with associates Natasha Phillips and Nicole Nour.

The Goodwin team was led by Matt Mauney, Brian McPeake, and Rachel Mitchell Smith, and included Mike Vignone, Nick Clarkin, Zach Bailey, Echo Wang, Jordan Shockett, and Julia Berryman (Corporate); Howard Cubell, Steven Clemens, Alex Apostolopoulos, and Nicole Spiteri (Tax); Mohammed Alvi, Dylan Brown, and Emily Josef (Debt Finance); Jake Osborn and Amy Josselyn (Global Trade); Andy Lacy, Paul Jin, Kara Kuritz, Simone Waterbury, and Kevin Walsh (Antitrust); Stephen Taeusch, Christina Lewis, Tiara Quintana, and Ana Alvarado (Employment); Crescent Moran Chasteen, James Devendorf, and Sebastian Iagrossi (ERISA & Executive Compensation); Joel Lehrer (Intellectual Property); Jacqueline Klosek and Alex Intile (Data, Privacy & Cybersecurity); and Ai Tajima and George Schneider (Insurance).

Involved fees earner: Ana Victoria Alvarado – Goodwin Procter; Mohammed Alvi – Goodwin Procter; Alex Apostolopoulos – Goodwin Procter; Zachary Bailey – Goodwin Procter; Julia Berryman – Goodwin Procter; Dylan Brown – Goodwin Procter; Crescent Moran Chasteen – Goodwin Procter; Steven Clemens – Goodwin Procter; Howard Cubell – Goodwin Procter; James Devendorf – Goodwin Procter; Sebastian Iagrossi – Goodwin Procter; Alex Intile – Goodwin Procter; Paul Jin – Goodwin Procter; Emily Josef – Goodwin Procter; Amy Josselyn – Goodwin Procter; Jacqueline Klosek – Goodwin Procter; Kara Kuritz – Goodwin Procter; Andrew Lacy – Goodwin Procter; Joel Lehrer – Goodwin Procter; Christina Lewis – Goodwin Procter; Matt Mauney – Goodwin Procter; Brian McPeake – Goodwin Procter; Rachel Mitchell Smith – Goodwin Procter; Jacob Osborn – Goodwin Procter; Tiara Quintana – Goodwin Procter; George Schneider – Goodwin Procter; Jordan Shockett – Goodwin Procter; Nicole Spiteri – Goodwin Procter; Stephen Taeusch – Goodwin Procter; Ai Tajima – Goodwin Procter; Michael Vignone – Goodwin Procter; Kevin Walsh – Goodwin Procter; Simone Waterbury – Goodwin Procter; Kenneth Askin – Latham & Watkins; Jordan Barnes – Latham & Watkins; Damara Chambers – Latham & Watkins; Andrew Clark – Latham & Watkins; Brianna Dollinger – Latham & Watkins; Alexander Farris – Latham & Watkins; Joshua Holian – Latham & Watkins; Eirene Kim – Latham & Watkins; Grace Lee – Latham & Watkins; Drew Levin – Latham & Watkins; Ghaith Mahmood – Latham & Watkins; Robert McGuire – Latham & Watkins; Jake Meninga – Latham & Watkins; Nicole Nour – Latham & Watkins; Natasha Phillips – Latham & Watkins; Joseph Porter – Latham & Watkins; Larry Seymour – Latham & Watkins; Charles Sprague – Latham & Watkins; Peter Todaro – Latham & Watkins; Alex Voxman – Latham & Watkins; Harrison White – Latham & Watkins;

Law Firms: Goodwin Procter; Latham & Watkins;

Clients: Backstage LLC; Cast & Crew Entertainment Services LLC; TA Associates;