Latham & Watkins Advises Centricus in Acquisition of Majority Stake in SK Global Entertainment
Centricus, the London-based global investment firm, has announced that it has acquired a majority stake in SK Global Entertainment, a leading independent film and television production and finance company known for their global success with the film Crazy Rich Asians. Centricus will provide additional capital to accelerate SK Global’s growth strategy through IP ownership and financing strategic acquisitions of complementary businesses. Earlier this year, SK Global acquired Critical Content, a premier production company focused on unscripted television series including MTV’s Catfish and Netflix’s Get Organized with The Home Edit.
Latham & Watkins LLP represented Centricus in the transaction with an entertainment, sports and media (ESM) team led by London partner Libby Savill, and an M&A team led by Century City partner David Zaheer, together with M&A associates Tyler Miller, Dylan Towns, and Eirene Kim and ESM associates Jamie Levine, Adele Zhang, and Molly Wolfe. Advice was also provided on executive compensation by Century City partner Julie Crisp, with associate Rachel Narowski; on tax matters by Bay Area partner Grace Lee, with associate Derek Gumm; on IP matters by Los Angeles associate Nicole Nour; on RWI matters by Los Angeles partner Drew Levin, with San Diego associate Hannah Cary; and on antitrust matters by Washington, D.C. counsel Peter Todaro.