Palm Beach Capital Partners Announces Divestiture of Entertainment Resources, Inc.PALM BEACH, Fla. -- Palm Beach Capital Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced the sale of its equity position in Entertainment Resources, Inc. to Glencoe Capital. Entertainment Resources, Inc., based in Dania, FL, is a leading national distributor and merchandiser of family-oriented home entertainment products to grocery stores, drug stores and specialty retailers. ERI's products include new releases and catalog films, TV episodes, and fitness and educational videos on DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. . The company's integrated category management solution for retailers combines vendor-managed inventory, product fulfillment and in-store merchandising services. ERI's services improve the retailer's success in their home entertainment category by optimizing the mix of new release, catalog and promotional content on a store-by-store basis. The company distributes products produced by all the major movie studios and many independent studios. Palm Beach Capital Partners originally made its investment in Entertainment Resources in October, 2001. ERI Eri (ē`rī), in the Bible, son of Gad. grew its business over 700% during the time of the PBCP PBCP Purba Bangla Communist Party investment. "Entertainment Resources was a perfect example of the type of partnership we at Palm Beach Capital like to have with our entrepreneurial partners. The joint value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. was obvious," stated James W. Harpel of Palm Beach Capital. About Palm Beach Capital Partners Palm Beach Capital Partners, LLC is a private equity investment firm, which specializes in making investments in and helping to build small- and middle-market private companies with a geographic focus primarily in South Florida. For more information, go to the firm's website at http://www.pbcap.com. |
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