M&A Deal Summary

Chicken Soup Acquires Halcyon Studios

On May 24, 2021, Chicken Soup acquired media company Halcyon Studios from Catalyst Capital Group

Acquisition Highlights
  • This is Chicken Soup’s 2nd transaction in the Media sector.
  • This is Chicken Soup’s 3rd transaction in the United States.
  • This is Chicken Soup’s 1st transaction in California.

M&A Deal Summary
Date 2021-05-24
Target Halcyon Studios
Sector Media
Buyer(s) Chicken Soup
Sellers(s) Catalyst Capital Group
Deal Type Add-on Acquisition
Advisor(s) FTI Capital Advisors (Financial)
Latham & Watkins (Legal)

Target

Halcyon Studios

Los Angeles, California, United States
Halcyon Studios is a producer and distributor of television series, miniseries and movies. The Company's goal is to focus on quality content that connects and resonates with audiences around the world, in all formats, in a variety of genres, on all distribution platforms. Halcyon Studios was founded in 1979 and is based in Los Angeles, California.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Chicken Soup

Cos Cob, Connecticut, United States
Category Company
Sector Media
Employees1,194
Revenue 294M USD (2023)
DESCRIPTION

Chicken Soup operates video-on-demand networks delivering content for all types of screens. Chicken Soup was incorporated in 2014 and is based in Cos Cob, Connecticut.

DEAL STATS #
Overall 3 of 5
Sector (Media) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (California) 1 of 1
Country (United States) 3 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-09 Sonar Entertainment - Film and Television assets

Los Angeles, New York, United States

Sonar Entertainment's Film and Television assets consist library of over 1,000 titles, over 4,000 hours of programming, ranging from classic shorts of Little Rascals, Laurel & Hardy, and Blondie (produced by Hal Roach Studios) to acclaimed epic event mini-series such as Lonesome Dove and Dinotopia (produced by RHI, Robert Halmi International). Sonar Entertainment's Film and Television assets are based in Los Angeles, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-02 1091 Pictures

Rye, New York, United States

1091 Pictures offer film and series owners full-service distribution to 100+ destinations in 100+ countries with marketing support and a dashboard with distribution insights. 1091 Pictures is based in Rye, New York.

Buy $16M

Seller(S) 1

SELLER

Catalyst Capital Group

Investor

Category Distressed Investor
Founded 2002
PE ASSETS 4.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Catalyst Capital Group is a private equity firm focused on control investments in distressed and undervalued North American companies. The Firm does not have any sector preferences and takes a direct approach on working with portfolio companies. Catalyst Capital Group was established in 2002 and is headquartered in Toronto.

DEAL STATS #
Overall 3 of 3
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-19 Cirque du Soleil

Montreal, Quebec, Canada

Cirque du Soleil is a creative content provider of live artistic entertainment. In addition to shows, the company, which has its International Headquarters in Montréal, extends its creative talent to other spheres of activity. Cirque du Soleil was formed in 1984 and is based in Montreal, Quebec.

Buy -
Mergr

Product

Company

Legal