Silvergate Partners with Shamrock Capital Advisors to Accelerate Growth
LONDON, NEW YORK and LOS ANGELES, April 25, 2016 /PRNewswire/ --
Silvergate Media ("Silvergate"), the international TV production and licensing company focused on pre-school children's entertainment based in London and New York, is to partner with Shamrock Capital Advisors ("Shamrock") in order to accelerate Silvergate's global growth, organically and by acquisition.
Shamrock has acquired a majority stake in Silvergate to support the growth of the business, in particular to expand Silvergate's intellectual property, library rights and digital capabilities as well as its presence in China. Terms of the investment were not disclosed.
Shamrock is a Los Angeles-based private equity firm with a rich history of investing in the media, entertainment and communications sectors. The firm traces its heritage back to the family investment company for the late Roy E. Disney family.
Waheed Alli, CEO and William Astor, Chairman, who founded Silvergate in 2011, will continue in their roles, driving further expansion of the business globally.
Waheed Alli, CEO, Silvergate Media said:
"Having just completed another year of strong growth and portfolio development, we are excited to be partnering with Shamrock. They have a tremendous track record of investing in media and entertainment businesses and truly understand the value of generating great content, given their extensive experience in the sector and unique heritage.
"We have made excellent progress this year globally with Octonauts and more recently Sunny Day. We are also accelerating the growth of our portfolio with the development of brand new children's programmes for partners including Disney, Nickelodeon and Netflix.
"The support of Shamrock will enable us to expand the business faster through further organic growth as well as by acquisitions."
William Wynperle, Partner at Shamrock Capital Advisors, said:
"Silvergate has developed a unique set of kids' properties with significant upside potential.
"We look forward to working with Waheed, William and their team to build on Silvergate's track record of creating the highest quality content for the children's market.With significant global demand for content, a tremendous team, and several quality brands, the Company is well positioned for the future."
Among Silvergate's portfolio of projects in production are Octonauts (currently in its fourth season) and its newest preschool series for Nickelodeon, Sunny Day (first season to be aired in 2017). Silvergate are currently in pre-production on several brand new programmes for partners including Disney, YouTube and Netflix as their development slate continues to grow.
Silvergate is also working with China Central TV ("CCTV") to co-produce Series 5 of Octonauts, which is CCTV's first co-production with a Western media company to develop a pre-school animation series.
Silvergate's programmes are aired in over 100 countries across the world, including on Disney Channel and Nickelodeon (USA), CBeebies (UK), ABC (Australia), TF1 (France) and Super RTL (Germany) and CCTV (China).
Silvergate was advised by Lepe Partners.
Notes to Editors
Silvergate Media
Silvergate Media is a creative content and licensing company driven by big ideas and big collaborations. Formed in 2011 by William Astor and Waheed Alli, with offices in New York and London.
Silvergate develops and produces world-class content built to inspire, entertain and engage audiences of all ages through innovative storytelling, great products and strong partnerships.
Silvergate exploits its assets across a range of formats, from new television productions to toys, apparel, licensed merchandise and live interactive experiences.
For more information, visit http://silvergatemedia.com/
Shamrock Capital Advisors
Shamrock Capital Advisors, LLC is a Los Angeles-based alternative investment firm with approximately $1.8 billion of assets under management investing exclusively in the media, entertainment, and communications sectors. Shamrock partners with strong management teams and takes an active, collaborative approach to creating value in each investment.
Shamrock's current investments include Consilio, FanDuel, Giant Creative/Strategy, Isolation Network, Mobilitie, Questex, Recorded Books, Screenvision Media and Wazee Digital. For more information visit http://www.shamrockcap.com
Enquiries
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.Photo: http://photos.prnewswire.com/prnh/20160424/359226
SOURCE Silvergate Media
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