Imagine Communications, a developer specializing in video connectivity, channel origination, and advertising monetization, moves into the portfolio of Lumine Group. The purchaser operates under a "buy-and-hold-forever" mandate, targeting software entities within the communications industry to expand its footprint across technical media infrastructure.
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Lumine Group Acquires Imagine Communications in Gores Group Exit
A strategic shift in the media software sector materialized this week as The Gores Group finalized the sale of Imagine Communications to the Toronto-listed Lumine Group. The transaction, which bolsters Lumine’s vertical integration within the media supply chain, was steered by legal counsel from Greenberg Traurig.
The Greenberg Traurig deal team, managed by Los Angeles and Orange County corporate shareholder Joe Awad, navigated the complexities of the sale. Support spanned the firm's national network, involving specialists in antitrust, intellectual property, tax, and labor law. Key contributors included associates Monika Kluziak, Ximena Lastra, and Hunter Petlansky, alongside shareholders Stephen M. Pepper, Todd Basile, August Huelle, Jeffrey K. Ekeberg, and Keshia M. Tiemann.
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