Announced
Completed
Financials
Sources
Tags
animation studio
Friendly
Acquisition
Single Bidder
Completed
India
Majority
Entertainment
Cross Border
Private
Private Equity
Synopsis
Private equity firm NewQuest Capital Partners completed the acquisition of a majority stake in Cosmos-Maya, one of the fastest-growing animation companies in Asia, from Emerald Media, a pan-Asian platform established by KKR to invest in the fast-growing media and entertainment industries across Asia. Financial terms were not disclosed. "Cosmos-Maya has been one of the most dynamic companies in this segment with a remarkable growth trajectory. With a portfolio of over 20 IPs and a highly talented team, we strongly believe that Cosmos-Maya is exceptionally well placed to consolidate its leadership position in the segment," Amit Gupta, NewQuest Partner and Head of India and Southeast Asia.
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