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Emerald Media Acquires Controlling Interest in Animation Content Creator Cosmos-Maya
Friday 12 January 2018

12 January 2018 - India-based private equity firm Emerald Media has acquired a controlling stake in India-based animation content creator Cosmos-Maya to spur growth initiatives and increase the company's global footprint, the company said.
Emerald Media is backed by New York, US-based investment firm KKR and invests in Pan-Asian media and entertainment companies.
The controlling stake was acquired through a combination of primary and secondary stake acquisition. Details of the transaction were not disclosed.
Cosmos-Maya said it intends to develop international projects with the infusion of capital, and leverage Emerald's media relationships to expand globally.
Emerald Media said Cosmos-Maya is focussed on the development of content that crosses geographies, and is positioned for brand expansion and merchandising for its properties.
Cosmos-Maya produces animation and visual effects for kids shows. The company has produced more than 1000 half-hour segments of animated content for ongoing productions on television and digital platforms.
Emerald Media invests in the media, entertainment, consumer tech and B2B industries across Asia, backed by KKR's commitment of up to USD 300m from its KKR Asian Fund II.
The company looks to support growing public and private companies, by providing growth capital and strategic value add.
Cosmos-Maya is Asia's animation production studio produces 3D as well as 2D animation content. The company creates original Indian animation content. Cosmos-Maya's YouTube channel WowKidz is a kids' platform with an active subscriber base of over 2.0m and total view count of more than 2bn.
KPMG advised the company on the transaction.
Details
Date Published: 12/01/2018
Target: Cosmos-Maya/controlling stake
Country: India
Sector: Media
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Emerald Media
Buyer Advisor: KPMG
Comment:
Terms of the deal were not disclosed

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