Transaction

Clearwater advises Federation Entertainment on its investment from Montefiore to support growth

Transaction

Federation Entertainment on its investment from Montefiore

Sell-side

Undisclosed

Role

Adviser to Federation Entertainment on its investment from Montefiore

Sector

Tech & Tech Services

Region

France & Belgium

Clearwater has advised the independent European studio and production company Federation Entertainment on its investment from Montefiore to accelerate its growth internationally.

Federation Entertainment Group carries out a minority transaction with Montefiore for a total amount of approximately €50m in several phases.

Founded in 2015 by its CEO and majority shareholder Pascal Breton, Federation Entertainment is a global player in the creation, production, financing, and distribution of original productions including TV series, platform films, and documentaries, for streaming platforms and traditional TV channels. As its name suggests, the group is a federation of talented independent studios specialised in drama, fiction, and youth content. Present in seven countries and with €140m in revenue, the group is a leading independent producer and the first producer to have worked with Netflix, Hulu, and Amazon in Europe. The group, which has produced or co-produced many hits such as The Bureau and, more recently, In Therapy, and has a heavy order book with more than 65 shows currently in production.

This capital opening and bond refinancing operation will enable the group to accelerate its growth in France and internationally.

Studio set

With Zencap, we had already managed to raise a very large amount of debt in the middle of the first confinement. With this new round of financing, we are now ready to strengthen our position as a leader in the production of shows for streaming platforms with Montefiore.

Pascal Breton, CEO, Federation Entertainment
Studio set

Federation Entertainment is an extraordinary company by its business model and its management; a European champion led by Pascal Breton which will be able to accelerate further with the support of Montefiore. This operation signals the entry of the company into the world of content for streaming platforms and TV channels. For Clearwater, this is the second fundraising and debt operation in 12 months; everything is now in place to launch the next season.

Clearwater

Transactions