Announced
Completed
Financials
Tags
movie studio
Single Bidder
Media Agencies
United States
media studio
Private
Friendly
Minority
Domestic
Private Equity
Acquisition
Completed
Synopsis
Providence Equity Partners, a private equity firm, completed a $550m investment in North Road, a newly made media studio by Peter Chernin. “The growing demand for premium content represents a tremendous opportunity, and we believe there is no one better suited to capture it than the outstanding team at North Road. We are excited to build upon the decade-long partnership between Providence and Chernin and embark on this journey to create a global independent leader in premium scripted and non-scripted content," Davis Noell, Providence Senior Managing Director.
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