Modeling Agencies In Los Angeles
In February 2009, the company was acquired by New Century Equity
Holdings Corp., a publicly traded company. New Century subsequently
changed its name to Wilhelmina International, Inc. and now trades under
the ticker symbol WHLM.
Prior to the transaction, the agency was owned and run by
Horst-Dieter Esch and Brad Krassner, who purchased 50% from Esch in
1999. Currently Esch and Krassner are Directors of the Company. The
company's largest shareholder is Newcastle Partners, L.P. Messrs. Esch
and Krassner also remain significant shareholders of the company.
The agency was sold in 1988 to Horst-Dieter Esch for $5 million. He
later made his daughter Natasha Esch president as a twenty-first
birthday present. The Wilhelmina Guide to Modeling was published in 1996 by Simon & Schuster,
New York. Although authorship is attributed to Natasha Esch, actual
writing credit is given to C.L. Walker, who was a Wilhelmina model at
the time.
The Wilhelmina agency has offices in New York, Los Angeles, Miami, and Austin.
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