Catalyst Capital-backed Sonar acquires Tricon Films & Television

Sonar Entertainment Inc, a portfolio company of Canadian private equity firm Catalyst Capital Group, has acquired assets from Tricon Films & Television, a Toronto-based producer and distributor granted creditor protection in late 2016. The deal's financial terms were not disclosed. Tricon's senior executive team, including Founder and President Andrea Gorfolova, will join Sonar, a Los Angeles-based entertainment studio. Catalyst's Gabriel de Alba, who chairs Sonar, said the acquisition is "another critically important milestone in our broad-based growth strategy."

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