announced today that it has acquired Made Event
, New York
's premiere electronic dance music production company and creators of Electric Zoo
acquired all of Made Event
in the transaction, after previously agreeing to acquire 70% of the company.
"The acquisition of Made is strategically important for SFX, as it establishes a strong foothold for us in the New York City region,” said SFX Chairman and CEO Robert F.X. Sillerman. “Co-founders Mike Bindra and Laura De Palma are the ultimate industry professionals, and our management team will benefit greatly from their years of experience. We plan to develop the Electric Zoo brand internationally and have the opportunity to build other SFX brands in the U.S. with the support of Mike, Laura and the team at Made."
Made Event has been run by Mike Bindra and Laura D Palma for over 20 years and have provided New York with some of the city's biggest dance music events. As well as Electric Zoo, Made also presents many other parties throughout the year, such as the Governor's Beach Club sellout events with some of the world's top DJs. They also contribute to New York's art and culture charities.
In a statement by the Made Event team, they said, “After years of independence, we couldn't be happier about our venture with SFX. To date, SFX has brought together the top companies and individuals in the electronic dance music industry.”