.
MergerLinks Header Logo

New Deal


Announced

Completed

Hudson Pacific to acquire Quixote Studios for $360m.

Financials

Edit Data
Transaction Value£309m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Private

Completed

Majority

sound stages

Entertainment

United States

Acquisition

Domestic

Single Bidder

Synopsis

Edit

Hudson Pacific, a provider of end-to-end real estate solutions, agreed to acquire Quixote Studios, a provider of sound stages and production services, for $360m. "Our acquisition of Quixote Studios represents further execution of our strategy to enhance our core studio business for customers with a full-service offering of sound stages, both in terms of size and location, and production services in key global markets. Quixote strengthens our reach to capture strong secular demand for studio and related assets, including excess demand at our Sunset Studios locations, and enables us to achieve immediate economies of scale while further diversifying our client base," Jeff Stotland, Hudson Pacific Executive Vice President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US