Announced
Completed
Financials
Tags
Private
Single Bidder
Majority
Acquisition
Domestic
film and television production
Friendly
United States
Private Equity
Completed
Radio and TV Broadcasters
Synopsis
Private equity firms Hackman Capital Partners and Square Mile Capital completed the acquisition of Kaufman Astoria Studios, a world-class destination for film and television production located in Queens. Financial terms were not disclosed. "We are beyond thrilled to add Kaufman Astoria to our studio portfolio and excited to further its legacy as a quintessential destination for major motion pictures and television shows. The studio has had a remarkable history over the last 90 years and has been an incredibly active and participating stakeholder in rejuvenating the entire Astoria neighborhood. We are excited to work with Hal Rosenbluth and the entire KAS team, as the studio continues to grow and excel as one of the best production facilities in the industry," Michael Hackman, Hackman Capital Partners Founder and CEO.
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