From Nico Franks and Jonathan Webdale of C21Media:
Link: Kew Media snaps up six companies
KMG has secured a private placement of US$20m from current shareholders and new investors ahead of its IPO, with the price of the acquisitions pegged at US$104.1m. The business expects to bring in revenue of US$218.3m in the 2017 fiscal year.
KMG is set to take full ownership of London- and LA-based CMC and in Architect Films, Bristow Global Media, Media Headquarters Film & Television and Our House Media â€“ all of which are based in Toronto â€“ plus Alex Gibneyâ€™s Frantic Films in Winnipeg. Continue reading.Â