About the Client
Abot Hameiri Communication Limited (‘Abot Hameiri’), a leading Israeli production company specialising in entertainment formats, scripted reality and drama, has sold a majority 51% stake to FremantleMedia, an international creator and distributor of content. Abot Hameiri will be FremantleMedia’s creative hub in Israel, providing a strong pipeline of content which FremantleMedia can then produce and distribute through its international global network.
Abot Hameiri has a strong track record of developing and producing its own formats, including Power Couple which has been sold to Brazil, China, South Africa, Germany, Portugal and Italy. The company’s scripted output includes the popular two-series Shtisel and the drama success A Good Family.
About the Deal
GP Bullhound, the technology investment bank, acted as the exclusive financial advisor to Abot Hameiri on the sale of a 51% stake to FremantleMedia
Guy Hameiri, Founder and MD of Abot Hameiri, said: “We are delighted to be partnering with FremantleMedia and are excited about the creative and commercial opportunities that being part of a bigger network will provide. We have built a great relationship with Chris and GP Bullhound and their advice was instrumental in a successful deal.”
Chris Graves, Director at GP Bullhound, said: “Creative content producers with a track record of selling internationally have considerable strategic value, and Abot Hameiri is a leading player in the exciting Israeli market. We believe there is a great creative fit between the business and FremantleMedia.”