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 that 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.
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 its 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.”
The transaction underlines GP Bullhound’s depth of experience in digital media, content and entertainment which includes transactions with Spotify, Facebook, Shazam, 7Digital and Playon! Sports.
For enquiries please contact: Chris Graves, Director, at [email protected]
As dealmakers in technology, GP Bullhound provides independent strategic advice on mergers and acquisitions and private placements to entrepreneurs, companies and investors. By combining a true passion for innovation with great access to global buyers and capital across Europe, US and Asia, GP Bullhound has completed transactions with many category leaders including Avito, Delivery Hero, Fjord, King.com, Pingdom, Pozitron and Spotify. The firm was founded in London in 1999 and today also has offices in San Francisco, Stockholm, Berlin and Manchester. For more information, please visit www.gpbullhound.com or follow on Twitter @GPBullhound
Abot Hameiri was founded in 2006 and has produced local versions of some of the biggest international entertainment formats such as The X Factor (a FremantleMedia / Syco Entertainment format), Survivor and Amazing Race. The company also 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.
FremantleMedia creates, produces and distributes some of the best known and loved content in the world including Idols, Got Talent (co-produced with Syco in the UK and the US) and The X Factor (co-produced with Syco in the UK). The group has a global network with operations in 29 countries, creating over 10,000 hours of programming a year, rolling out more than 45 formats and airing 350 programmes a year worldwide. FremantleMedia is part of RTL Group, the leading European entertainment network, which is in turn 75.1 percent owned by the international media company Bertelsmann.