King & Spalding advised JMS Group in the sale of Eclair Theatrical Services ("ETS"), a provider of digital services and electronic delivery to the film industry, to Deluxe, a subsidiary of Platinum Equity.
ETS has operations in France, Spain, Portugal, Germany, Austria, Italy, Belgium, Denmark, the United Kingdom, and Ireland, as well as in North America. It is also present in growth markets, notably in Central Europe and Latin America.
The JMS Group is a European leader in technology services for the film industry. In 2020, JMS took over all the activities of the Ymagis group and, in addition to the ETS activities, is now active in cinema exhibitor services (CinemaNext), versioning (EVA), servicing (Eclair Digital Services), content preservation (Eclair Preservation) and location-based virtual reality entertainment (Illucity).
Deluxe provides innovative and secure distribution and localization services to studios, OTT platforms and content creators worldwide. Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion in assets under management and a portfolio of approximately 40 operating companies focused on manufacturing, distribution, transportation and logistics, equipment leasing, metals services, media and entertainment, technology, telecommunications, and other sectors.