M&A Deal Summary

Banijay Holding S.A.S. Acquires Endemol Shine Group

On October 26, 2019, Banijay Holding S.A.S. acquired media company Endemol Shine Group from Apollo Global Management and 21st Century Fox for 2.2B USD

Acquisition Highlights
  • This is Banijay Holding S.A.S.’s 1st transaction in the Media sector.
  • This is Banijay Holding S.A.S.’s largest (disclosed) transaction.
  • This is Banijay Holding S.A.S.’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-10-26
Target Endemol Shine Group
Sector Media
Buyer(s) Banijay Holding S.A.S.
Sellers(s) Apollo Global Management
21st Century Fox
Deal Type Add-on Acquisition
Deal Value 2.2B USD
Advisor(s) LionTree Advisors LLC
Deutsche Bank Corporate & Investment Banking (Financial)
Paul, Weiss, Rifkind, Wharton & Garrison
Hogan Lovells (Legal)

Target

Endemol Shine Group

Amsterdam, Netherlands
Endemol Shine Group is an international television production and distribution group with 27 production companies across 11 countries creating scripted and non-scripted content in the global marketplace. Endemol Shine Group is based in Amsterdam, the Netherlands.

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Buyer(S) 1

Buyer

Banijay Holding S.A.S.

Paris, France

Category Company
Sector Digital Media
DESCRIPTION

Banijay is involved in the production and distribution of online, ad-funded and branded entertainment content.


DEAL STATS #
Overall 2 of 2
Sector (Media) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Netherlands) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-27 BetClick

St. Julian’s, Malta

BetClick Limited provides online sports betting, gambling, poker, and casino services.

Buy -

Seller(S) 2

SELLER

Apollo Global Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1990
PE ASSETS 45.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.


DEAL STATS #
Overall 44 of 67
Sector (Media) 1 of 2
Type (Add-on Acquisition) 11 of 21
Country (Netherlands) 1 of 1
Year (2019) 8 of 8
Size (of disclosed) 7 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-23 Lottomatica

Rome, Italy

Lottomatica is an Italian gaming company, with products that include slot machines and video-lotteries. Lottomatica is based in Rome, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-13 Tech Data

Clearwater, Florida, United States

Tech Data is a distributor of technology products, services, and solutions. Its advanced logistics capabilities and value-added services enable 125,000 resellers in more than 100 countries to support the technology needs of end-users. Tech Data was formed in 1974 and is based in Clearwater, Florida.

Buy $5.4B
SELLER

21st Century Fox

New York, New York, United States

Category Company
Founded 1922
Sector Media
Employees21,700
Revenue 29.0B USD (2015)
DESCRIPTION

Twenty-First Century Fox, Inc. is a premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching nearly 1.5 billion subscribers in more than 100 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, Fox Sports, Fox Sports Network, National Geographic Channels, MundoFox, STAR, 28 local television stations in the U.S. and more than 300 channels that comprise Fox International Channels; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and Shine Group.


DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Add-on Acquisition) 1 of 1
Country (Netherlands) 1 of 1
Year (2019) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-29 YES Network

New York, New York, United States

YES Network is a 24/7 sports and entertainment television network featuring the New York Yankees. YES also broadcasts the New Jersey Nets and other professional and collegiate sports teams as well as classic sports footage and sports-related content. YES Network was founded in 2002 and is based in New York City.

Sell $3.5B