Catalyst-backed Sonar Entertainment inks $121 mln facility
Los Angeles-based entertainment studio Sonar Entertainment has raised a new production finance facility of US$121 million led by MidCap Financial. Sonar, a portfolio company of Canadian private equity firm Catalyst Capital Group, develops, produces, finances and distributes television content. It said the facility doubles the capital available to partner in content development. Last year, Sonar acquired assets from Tricon Films & Television, a Toronto-based producer and distributor.
12 December 2018•4 mins read
