An activist investor, Timothy S. Batchelor has co-founded numerous ventures in diverse industries, including Subsea Engineering, Inc., a company that manufactures an innovative submersible vehicle from its base in Alpharetta, GA. Among his recent activities, Timothy S. Batchelor sought to improve non-guaranteed and guaranteed payment contracts in the entertainment industry through his company Convergence Partners.

1. Convergence Partners Unveils New
Entertainment Contract Solutions
Timothy S. Batchelor

2. Introduction
• An activist investor, Timothy S. Batchelor has co-founded numerous ventures in
diverse industries, including Subsea Engineering, Inc., a company that
manufactures an innovative submersible vehicle from its base in Alpharetta, GA.
Among his recent activities, Timothy S. Batchelor sought to improve non-
guaranteed and guaranteed payment contracts in the entertainment industry
through his company Convergence Partners.
Convergence Partners is committed to investing in disruptive solutions in the
technology, aviation, entertainment, and defense and intelligence industries. In
2019, it announced it had merged with a new group committed to purchasing
non-guaranteed and guaranteed payment contracts in the entertainment
industry with three acquisitions its partners had already completed. The three
acquisitions were Caribbean Community divisions of businesses that purchase
such payment contracts.
Through the combined acquisitions and merger, Convergence Partners seeks to
fix an imbalance between sellers and buyers in the entertainment industry.
Convergence Partners has instated a model that accelerates payouts for long-
term payment contracts while providing protection against a range of factors,
such as unforeseen economic changes and decreased performance. As a result
of the merger and acquisitions, the company estimates closing 18 to 24 more
transactions than initially expected through 2021.