ACF Investment Bank, Behind Slew Of Production Company M&A, Sold To Merchant Bank The Forest Road Company
deadline.comACF Investment Bank, which helped with the sale of Pilgrim Studios to Lionsgate and Charlie Brooker’s Broke & Bones to Netflix, has a new majority owner.
Merchant bank The Forest Road Company has acquired a majority stake in the company, which was founded by Thomas Dey and Richard Gray in 2010.
It adds a media and entertainment arm to Forest Road’s existing advisory business. ACF, which has offices in the U.S. and UK, was also behind the recent sale of The Lord of The Rings and The Hobbit IP to Embracer Group and the sale of Brent Montgomery’s Leftfield to ITV.
It will continue operating under the ACF brand with CEO Dey continue to run the business. Jeremy Tarica, Forest Road Securities CEO, will work with ACF to integrate it into the broader business.
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