Chrysler Building by David Shankbone Retouched

InterMedia Advisors, LLC (a..k.a. InterMedia Partners), is a

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

investment firm focused on

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...

and

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mar ...

investments in the

media Media may refer to: Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications delivered over mass e ...

sector. The firm, which was founded in 2005 by notable private equity investor Leo Hindery, is based on the 48th floor of the

Chrysler Building The Chrysler Building is an Art Deco skyscraper on the East Side of Manhattan in New York City, at the intersection of 42nd Street and Lexington Avenue in Midtown Manhattan. At , it is the tallest brick building in the world with a steel fra ...

Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildi ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

.Toon for sale?
''

Peterlee Mail Peterlee is a town in County Durham, England. It lies between Sunderland to the north, Hartlepool to the south, the Durham Coast to the east and Durham to the west. It gained town status in 1948 under the New Towns Act 1946. The act also creat ...

''. Friday July 4, 2008. Retrieved on October 20, 2011. "Ashley is said to have told private equity investors InterMedia Partners - based in the swanky Chrysler Building - .. Until 2014, firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson, Hemisphere Media Group,

Universal Sports Universal Sports was an American sports-oriented digital cable and satellite television network. It was owned as a joint venture between InterMedia Partners (which owned a controlling 92% interest) and NBCUniversal (which owned the remaining 8%). ...

, Control Room, Aspire, BlackBook Media,

@Home Network @Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies Tele-Communications Inc. (TCI), Comcast, and Cox Communications, and William Randolph Hearst III, who was their fi ...

Sportsman Channel Sportsman Channel is an American sports-oriented digital cable and satellite television network owned by the Outdoor Sportsman Group subsidiary of Kroenke Sports & Entertainment. The channel is dedicated to programming about outdoor sports, inclu ...

, Cinelatino, Soul Train Holdings, Vibe Lifestyle Network, Pasiones, Television Dominicana, CentroAmerica TV, Up, WAPA América, and Puerto Rican station

WAPA-TV WAPA-TV (channel 4) is a Spanish-language independent television station in San Juan, Puerto Rico. It is owned by Hemisphere Media Group, which is 84% owned by InterMedia Partners. WAPA-TV's studios are located on Avenida Luis Vigoreaux in Gu ...

. The firm sold the division to Kroenke Sports & Entertainment which renamed the company Outdoor Sportsman Group.

Tom Daschle

In 2005,

Tom Daschle Thomas Andrew Daschle ( ; born December 9, 1947) is an American politician and lobbyist who served as a United States senator from South Dakota from 1987 to 2005. A member of the Democratic Party, he became U.S. Senate Minority Leader in 1995 a ...

joined the firm as a senior adviser. It was during his time at InterMedia that Daschle reportedly had the use of a

limousine A limousine ( or ), or limo () for short, is a large, chauffeur-driven luxury vehicle with a partition between the driver compartment and the passenger compartment. A very long wheelbase luxury sedan (with more than four doors) driven by a pr ...

and

chauffeur A chauffeur is a person employed to drive a passenger motor vehicle, especially a luxury vehicle such as a large sedan or limousine. Originally, such drivers were often personal employees of the vehicle owner, but this has changed to special ...

that he did not report in his income taxes.

Jake Tapper Jacob Paul Tapper (born March 12, 1969) is an American journalist, author, and cartoonist. He is the lead Washington anchor for CNN, hosts the weekday television news show '' The Lead with Jake Tapper'', and co-hosts the Sunday morning public a ...

,
Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver
,"

ABC News ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast '' ABC World News Tonight with David Muir''; other programs include morning news-talk show '' Good Morning America'', '' ...

, January 30, 2009. (Accessed January 30, 2009)Jonathan Weisman,
Daschle Paid Back Taxes After Vetting
" ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', January 31, 2009. (Accessed January 31, 2009)

References

Forbes Faces: Leo Hindery
Forbes, October 12, 2000

External links

Official website
Financial services companies established in 2005 Private equity firms of the United States {{US-private-equity-company-stub