Birch Hill Equity Partners closes $133 mln secondary sale of DHX Media shares
Toronto-based private equity firm Birch Hill Equity Partners has completed its previously-announced bought deal secondary offering of common shares in DHX Media Ltd (TSX: DHX). The offering was priced at $4.70 per share, generating proceeds of approximately $133 million. The Halifax, Nova Scotia-based DHX Media, a creator, producer, distributor and licensor of children's entertainment content, became a portfolio company of Birch Hill and OMERS Private Equity when it acquired Cookie Jar Group for $111 million in 2012.
10 January 2014•3 mins read
