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New Deal


Announced

KKR-backed LEONINE to acquire Wiedemann and Berg TV from Endemol Shine Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

media company

media production

Private Equity

Single Bidder

Germany

Entertainment

Acquisition

Pending

Majority

Synopsis

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KKR-backed LEONINE, a media company, agreed to acquire Wiedemann and Berg TV, the drama producer behind hit Netflix series Dark, from Endemol Shine Group. Financial terms were not disclosed. "With the amazing Nanni Erben on board, the outstanding experience and expertise of her team, and our international production colleagues to collaborate with, we are well placed to build on the success story from Berlin and I personally am happily looking forward to an exciting cooperation with Nanni. We want to warmly thank Max and Quirin for the years spent together and wish them all the best for the future," Magnus Kastner, Endemol Shine Germany CEO.

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