Sight & Sound Productions, a Jacksonville-based event planning and audio-visual production company, has been acquired by Jacksonville Beach-headquartered private equity firm Dubin Clark & Co. Inc.
The Heritage Capital Group Inc., an investment banking and financial advisory firm, announced the deal in a news release July 9.
Sight & Sound was founded in 1987 by Curt Hubbard as Hubbard Sight & Sound AV Inc., the release said.
In 1996, Hubbard hired Jon Davis, who advanced through the organization to become president in 2000 and sole owner in 2010.
In 2009, the company bought Mugwump Productions, an event décor and design business that serves corporate and social events.
Jacksonville-based Heritage Capital Group says it served as the financial adviser and intermediary to Sight & Sound. Joe Hawkins led the deal team, which included Don Wiggins and Hannah Solomon.
The terms of the transaction were not disclosed.
“Joe and the Heritage team were an outstanding partner throughout the sale process,” Davis said in the release.
“Their team understood the unique dynamics of the event production industry and guided us through every step of the process with professionalism and care. Their local knowledge and strategic insight were invaluable in helping us find the right buyer here in Jacksonville. We’re incredibly grateful for their support and couldn’t be more pleased with the outcome.”
Sight & Sound operates from a 43,000-square-foot facility at 3636 Beachwood Court at southeast Beach Boulevard and Interstate 295.
Dubin Clark, established in 1984, says it “focuses on strategic and operational value creation and seeks to acquire interest in specialty services and branded niche manufacturing companies with unique business models and strong growth trajectories.”
According to a fact sheet on its website, Dubin Clark has more than $400 million in assets under management and 15 portfolio companies, not including Sight & Sound.
Other companies in its portfolio include Tablescapes, Super Home Services and Atomic Data.
Dubin Clark has a second office in Miami Beach.