M&A Deal Summary

Candle Acquires Exile Content Studio

On May 24, 2022, Candle acquired media company Exile Content Studio

Acquisition Highlights
  • This is Candle’s 2nd transaction in the Media sector.
  • This is Candle’s 3rd transaction in the United States.
  • This is Candle’s 3rd transaction in California.

M&A Deal Summary

Date 2022-05-24
Target Exile Content Studio
Sector Media
Buyer(s) Candle
Deal Type Add-on Acquisition

Target

Exile Content Studio

Los Angeles, California, United States
Exile Content Studio is a global entertainment company creating premium content for the more than 550 million Spanish-speakers worldwide. Exile Content Studio was founded in 2018 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Candle

West Hollywood, California, United States

Category Company
Founded 2021
Sector Media
DESCRIPTION

Candle is an independent, creator-friendly home for cutting-edge, high-quality, category-defining brands and franchises that is built for the digital age. By bringing together elite talent operating at the intersection of content, community, and commerce, it helps position leading entertainment businesses for accelerated, sustainable growth in the current market and beyond. Candle was founded in 2021 and is based in West Hollywood, California.


DEAL STATS #
Overall 3 of 3
Sector (Media) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 3 of 3
Country (United States) 3 of 3
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-17 Attn:

Los Angeles, California, United States

Attn: is a social storytelling company that bridges entertainment with topical issues to explain the world around us. They have created original series for Facebook, Instagram, TikTok, YouTube and Twitch, as well as for networks including ABC, NBC, CBS, MTV, Freeform and Discovery and streaming services like Hulu and Apple TV. ATTN:’s brand studio and creative agency have worked with some of the world’s most iconic brands including Amazon, Ford, Google, Intel, Mattel, P&G, Target and T-Mobile. Attn: is based in Los Angeles, California.

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