Sale of Cinelease Studio Rental Company Announced

Cinelease, a leading equipment rental company in Hollywood for nearly 50 years, has been acquired by the Burbank-based private investment firm Zello. Founded in 1977 and previously owned by Herc Rentals for the last six years, Cinelease operates numerous campuses with studio soundstages across the U.S. The acquisition comes amidst challenges in the film and TV production industry, marked by reduced spending and rising vacancies in production stages. Zello’s CEO, Louis Dargenzio, emphasized the importance of Cinelease’s legacy and expressed excitement about driving innovation in the entertainment sector. Cinelease’s current leadership team will continue to operate the company as a standalone unit under Zello.

Sale of Cinelease Studio Rental Company Announced

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