European consolidator Asacha Media Group has acquired a majority stake in Magic of Disney’s Animal Kingdom producer Arrow International Media. This marks the second UK-based factual group to …
The deal comes at an interesting time for Asacha. We hear its founders and majority shareholder Oaktree Capital Management have jointly asked London-based financial advisor to assess refinancing options, with a potential change in shareholders possible. Asacha is profitable, sources close to the privately-owned company tell us, and has been expanding through deals such as today’s deal for Arrow.
“Asacha is one of the hottest groups in the TV industry. They are dynamic and fleet of foot, with excellent relationships across Europe, a market we would love to explore further, as well as having huge international ambitions,” said Brisley.
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