Breakwater Acquires Open Road Entertainment

Breakwater Acquires Open Road Entertainment

Breakwater Investment Management has made a follow-on investment in its portfolio company Happy Hour Creative, to support its acquisition of Open Road Entertainment.

“We are thrilled that our capital has allowed Happy Hour to pursue targeted opportunistic acquisitions in its sector,” said Saif Mansour, Managing Partner at Breakwater. “The addition of the talented professionals at Open Road Entertainment, under the leadership of founder Jeffrey Smith, will help our platform company further its mission of providing best-in-class creative marketing services to a growing, global client base in the entertainment industry.”

Open Road Entertainment is an advertising agency specializing in creating audio-visual motion picture advertising for theatrical and home entertainment releases, along with broadcast promo and branding, video game advertising, and web/interactive. The company is based in Los Angeles, CA (

“We are very excited to be part of this expanded platform of production, and look forward to growing Open Road Entertainment further,” said Jeff Smith, founder and CEO at Open Road Entertainment. “We are also very pleased about our partnership with Breakwater, given the firm’s extensive resources and capabilities.”

Happy Hour Creative is a full-service provider of creative marketing services to clients in the film, television, home entertainment, and video game industries. The company specializes in creating trailers, teasers, and television spots through its many platforms of production.  The company is headquartered in Los Angeles, CA (

“We are delighted to announce Happy Hour’s acquisition of Open Road Entertainment, a leading provider of creative marketing services in the film, television, home entertainment, video game, and digital media industries,” said Greg Golden, CFO at Happy Hour. “The follow-on growth capital investment from Breakwater was critical in allowing us to successfully execute on this strategic opportunity in a timely manner.”

Breakwater Investment Management makes investments in small to lower middle market growth businesses with annual sales ranging between $5 million and $100 million. Sectors of interest include healthcare / medical device; consumer products/specialty retail; information technology/telecom; business and financial services; energy/alternative energy; and industrial/manufacturing. The firm serves as general partner of Breakwater Structured Growth Opportunities Fund, a $100 million open-ended private investment partnership organized in August 2008. Breakwater Investment Management is based in Los Angeles, CA (

© 2012 PEPD • Private Equity’s Leading News Magazine • 10-17-12

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