Panavision Inc. is the leader in the development, manufacture, and rental of high quality 35-millimeter motion picture cameras, lenses, and accessories for the international film and television industries. Warburg Pincus made its initial investment of $59.5 million in the predecessor to Panavision in 1988. Over several years, Warburg supported the company's growth and helped to manage its capital structure through industry cycles. In December 1997, Ronald Perelman, through his McAndrews Forbes holding company, announced an agreement to recapitalize the company. Warburg Pincus sold its stake for over $330 million in cash and stock.

Back to Previous Page