Real Estate Advisor Stonecreek LLC to Acquire Affiliate Adventure Studios LLC, a Creative Themed Entertainment Consulting Company
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
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.
"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."
Stonecreek also expects its experience with financing, due
diligence, and investor acquisition representation, to propel Adventure Studios’
efforts with investors. Adventure Studios has devoted significant resources to
out-of-home product R&D, and has created a program of proprietary
place-based entertainment and retail products that it plans to pursue with
investor backing. StoneCreek LLC also expects its 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. Since it’s founding, the San Diego and Orange County offices of
Stonecreek Advisors have formed an independent affiliated entity, the Stonecreek
Company, which has operated in close collaboration with Adventure Studios and
Stonecreek LLC. 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 including location-based sponsorship
plans, 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.
For more information about consultants Stonecreek LLC
and affiliate Adventure Studios LLC, visit www.StonecreekLLC.com or
call Amy Giggins at Adventure Studios Communications, at 818.973.3131.
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Source: http://www.prweb.com/releases/2005/2/prweb206697.htm