Private Equity

Liquidity Events

France's Banijay buys out 49% in content co Endemol Shine India for $100-M

Economic Times  

France-headquartered Banijay has acquired a 49% stake in content studio Endemol Shine India from media sector-focused Private Equity fund CA Media, for USD 90-100 million. Prior to the acquisition, Banijay had held a 51% stake in Endemol Shine India. Following the completion of the deal, Deepak Dhar has been named as the founder and group CEO, taking charge of both Banijay Asia and Endemol Shine India. In FY23, Endemol Shine India - which produces shows like Bigg Boss and Khatron Ke Khiladi - recorded revenues of over INR 450 crore and INR 90 crore in net profit. Banijay Asia and Endemol Shine India will continue to operate separately.

From the Venture Intelligence PE-VC Deal Database: In Apr-12, Endemol Shine India had raised over USD 22 M from KKR Emerald Media / CA Media for a 49% stake. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)