Stonecreek LLC Adds Expertise for Redevelopment Consulting Assignments by Acquiring Affiliate Adventure Studios LLC
Westlake Village, CA (PRWEB) February 9, 2005 -- Stonecreek LLC announced today an agreement to acquire affiliate Adventure Studios LLC by year-end, in a move to consolidate both company's client services approach and to take advantage of each firm's strategic consulting strength.
Stonecreek LLC's Acquisition of Affiliate Adventure Studios LLC is Prompted by Out-of-Home Entertainment Trends, and Increasing Convergence of Real Estate, Themed Entertainment, and Hospitality Industries
"It simply makes sense to bring these two entities under one roof," said Don Bredberg, Managing Director of Stonecreek LLC, "in the last two decades, the application of experiential design and branding ideas has grown into every place-based industry and built product. At the same time, as an industry we've had a lot of "lessons-learned" and as a result most owners and investors require a focus on due diligence, feasibility and project management discipline – the bread and butter of our Stonecreek consultants."
Stonecreek LLC and Adventure Studios LLC have operated as affiliates since Adventure Studios' founding in 1999. "This is the right move at the right time," according to Stonecreek Marketing Director Jennifer Warren, "in so many cases, it is difficult to determine where Adventure Studios' creative services ended, and our project management and feasibility work began. This will simplify things a bit as we go forward as we work with public agencies and private clients."
Stonecreek also expects its experience with financing, due diligence, and investor acquisition representation, to propel Adventure Studios' efforts with investors. StoneCreek LLC also expects Adventure Studios' creative, event, and feasibility expertise, to increase the attractiveness of its consulting services to redevelopment agencies and their consultants and advisors.
Stonecreek LLC is based in Westlake Village, California. The firm was originally founded as Stonecreek Advisors by Don Bredberg and Clayton Corwin and has been in operation since 1994. Stonecreek LLC is also publisher of news source PlaceNews.com, offering "always-fresh" news concerning the out-of-home entertainment industry.
Adventure Studios LLC has been in operation since 1999 supporting client location-based entertainment projects, providing creative product concepting, place-making consulting, and experiential design support of client projects throughout the U.S. and Asia. Adventure Studios also operates with an events group, Team-Makers Events, with a specialty in group team-building, mall entertainment, and event multi-media support. Founding principal, Don Bredberg, directed the CityWalk Roll-Out Program at Universal Studios Recreation Group prior to forming Adventure Studios.
Related Link: Adventure Studios LLC
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1014 South Westlake Blvd., Bldg 14
Posted February 9, 2005
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