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New Deal


Announced

Completed

ITV completed the acquisition of a 79.5% stake in Plimsoll Productions for $126m.

Financials

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Transaction Value£103m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

television broadcasting

Telecommunications Services: Other

United Kingdom

Acquisition

Single Bidder

Friendly

Private

Completed

Synopsis

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ITV, a media company, completed the acquisition of a 79.5% stake in Plimsoll Productions, a film production company, for $126m. “The significant opportunities in the international premium unscripted market make this the perfect time for Plimsoll to join ITV Studios. There is a quite special strategic and cultural fit that will enable us to achieve our, now shared, creative and commercial ambitions for Plimsoll. We’re excited to be part of ITV Studios’ expanding global force in content and delighted that, from today, this powerful new partnership is officially active," Grant Mansfield, Plimsoll Productions CEO.

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