M&A Deal Summary

MadRiver Pictures Acquires Adaptive Studios

On May 14, 2019, MadRiver Pictures acquired media company Adaptive Studios from Atwater Capital

Acquisition Highlights
  • This is MadRiver Pictures’ 1st transaction in the Media sector.
  • This is MadRiver Pictures’ 1st transaction in the United States.
  • This is MadRiver Pictures’ 1st transaction in California.

M&A Deal Summary

Date 2019-05-14
Target Adaptive Studios
Sector Media
Buyer(s) MadRiver Pictures
Sellers(s) Atwater Capital
Deal Type Add-on Acquisition

Target

Adaptive Studios

Los Angeles, California, United States
Adaptive Studios is an entertainment studio that develops and produces original stories for traditional and digital distribution. Adaptive Studios was founded in 2012 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

MadRiver Pictures

Santa Monica, California, United States

Category Company
Founded 2015
Sector Media
DESCRIPTION

MadRiver Pictures is a production, finance, and international sales company. The experienced team at MadRiver Pictures has leveraged its relationships, creative vision, and distribution and finance expertise to establish MadRiver as a top destination for filmmakers and talent. MadRiver Pictures was founded in 2015 and is based in Santa Monica, California.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Atwater Capital


Category Private Equity Firm
Founded 2017
PE ASSETS 430M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Atwater Capital is a private investment firm focused exclusively on the media and entertainment sectors. Atwater Capital was formed in 2017 and is based in Los Angeles.


DEAL STATS #
Overall 1 of 4
Sector: Media M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 2
State: California M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-14 MadRiver Pictures

Santa Monica, California, United States

MadRiver Pictures is a production, finance, and international sales company. The experienced team at MadRiver Pictures has leveraged its relationships, creative vision, and distribution and finance expertise to establish MadRiver as a top destination for filmmakers and talent. MadRiver Pictures was founded in 2015 and is based in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Free Association

Brooklyn, New York, United States

Free Association is an American production company developed in order to extend their entrepreneurial roots in the realms of film, television, digital and live content. Free Association is based in Brooklyn, New York.

Buy -