In Concert Productions, Inc.
For the past 40 years, In Concert Productions, Inc. (ICP) has been one of the leading sources of professional production services in the Atlanta entertainment industry. Their expertise spans sound, staging, and lighting equipment, alongside a host of experienced technicians and engineers. With a record number of high-profile clients, ICP remains a force to be reckoned with in the Southeastern United States.
ICP started in 1977 as a small sound company in Doylestown, PA. Jay Rabbit, President and CEO of the entertainment powerhouse, moved to Atlanta in 1980 and grew ICP into one of Atlanta’s most respected production companies. Their client list includes a slew of high-profile clients, including the Atlanta Hawks and Atlanta Ballet, music artists such as Usher and Elton John, and broadcast studios, including ABC and Tyler Perry Studios.
Due to the company’s successful growth, ICP needed to consolidate debt from multiple lenders for their equipment purchases. Atlantic Capital helped them with a SBA loan saving them over $30,000 a month and removing them from the cycle of high-interest payments. “I would call this a win for ICP because we consolidated and streamlined their banking needs, and as a result, we were able to take on the entire banking relationship,” said Clayton Baker, Atlantic Capital SBA Lender and Relationship Manager. “Jay and Bill at In Concert Productions are very passionate about their business, and I enjoyed partnering with them.”
When speaking on this partnership’s success, Baker attributes it largely to the strong sense of teamwork throughout both organizations, working cross-departmentally to produce the best solution for ICP’s continued business development. In conjunction with the SBA loan, Atlantic Capital’s Treasury department partnered with ICP’s recently hired consultant, Bill O’Brien, to set up their accounts, treasury services, and create an integrated portal for their new CPA relationship. “This scenario was ideal for everyone because the client saved money and simplified their processes, and Atlantic Capital won the entire relationship by leveraging our expertise and teamwork,” says Baker.
“As a small business owner for 40 years, as well as being in the entertainment industry, I’ve lived through the difficulties of finding relationship-based banking for a long time,” says Rabbit, ICP’s Founder and CEO. “After watching all my previous banking relationships either disappear and/or be absorbed into large monolith organizations, or the fact that most of the banking industry has now turned faceless and retail-oriented, finding Atlantic Capital was a breath of fresh air. Not only did Atlantic Capital take the time to understand my unique needs and industry, I once again have direct relationships with real people in all aspects of my daily banking and long-term capital needs.”
“This was a true example of what fueling prosperity looks like,” says Baker. “It’s exciting to be able to share in the changes of a company that set the table for next-level success, and I am honored to be part of it. In Concert Productions has set the bar for the Audio and Visual Production industry.”
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