TKD represented an asset management firm in a buyout of one of its founding members. The buyout was based on future revenues.
The firm was launched a few years ago to fill a growing need for asset-based lending (“ABL”) solutions for the global entertainment industry, and subsequently formed an offshore hedge fund to invest in middle-market entertainment companies.
Partner James Smith of TKD’s Corporate and Securities Practice Group handled the transaction for our client.
Prior results do not guarantee a similar outcome
