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New Deal


Announced

Completed

The North Road completed the acquisition of Karga Seven Pictures.

Financials

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

Sources

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Tags

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Completed

film production

television production

Acquisition

feature films

documentary

Friendly

film and television production

Majority

Private

Cross Border

Single Bidder

Turkey

Radio and TV Broadcasters

Synopsis

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The North Road company, a global, multi-genre studio that produces scripted, documentary, and unscripted film and TV content for global markets completed the acquisition of Karga Seven Pictures, a Turkish film and television house. Financial terms were not disclosed. "Given its sheer volume of globally relevant and high-quality content, Turkey is a perfect fit with North Road's broader international strategy, and the addition (of) Karga 7 to our studio is a significant accomplishment," Peter Chernin, North Road Chairman and CEO.

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