TC Studios Acquires the shadowlight group, ltd.

December 14, 2020

TC Studios, LLC has acquired the shadowlight group, ltd., combining the two commercial photography and video studios into a larger creative studio with roughly 65 creative professionals and 135,000 sq. ft. of space (including a 10,000 sq. ft. sound stage). The combined company will operate from Shadowlight's Leola, Pennsylvania studio with Ted Clements as CEO while Shadowlight co-owners Phil and Kristen Hiestand will support the transition as they step toward retirement.

Buyers
TC Studios, LLC
Targets
the shadowlight group, ltd.
Sellers
Phil Hiestand, Kristen Hiestand
Location
Pennsylvania, United States
Transaction Type
Buyout

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