InterMedia Partners

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InterMedia Advisors LLC
Type Private
Industry Private equity
Founded 2005
Founder(s) Leo Hindery
Headquarters 48th floor on the Chrysler Building
New York, New York, United States
Key people Tom Daschle
Products Leveraged buyout, Growth capital
Total assets $1 billion
Website www.intermediaadvisors.com
The Chrysler Building, the location of the headquarters

InterMedia Advisors, LLC, also known as 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]

Among the firm's most notable investments are Thomas Nelson, Universal Sports, Control Room, Aspire, BlackBook Media, @Home Network, InterMedia Outdoors, Sportsman Channel, Cinelatino, Soul Train Holdings,Vibe Lifestyle Network, Up, and Puerto Rican station WAPA-TV.

Tom Daschle[edit]

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[edit]

  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," 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)