Harbor Picture Company has been acquired by Publicis Groupe
September 2017 — Harbor Picture Company, a New York-based studio, has been sold to Publicis Groupe. It will become part of Prodigious, the holding company’s in-house production unit.
Harbor Picture Company is a full-service production and post-production studio located in SoHo, New York City, and focused on high-end, talent-driven production and post-production for the commercial, digital content, television and feature film industries.
Publicis Groupe is a global leader in marketing, communication and digital transformation, driven through the alchemy of creativity and technology. Publicis Groupe offers its clients seamless access to its tools and expertise through modular offering. The group is organized across four solution hubs: Publicis Communications (Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, BBH, Marcel, Fallon, MSL, Prodigious); Publicis Media (Starcom, Zenith, Spark Foundry, Blue 449, Performics, DigitasLBi); Publicis.Sapient (SapientRazorfish & Sapient Consulting); and Publicis Health. These four solution hubs operate across principal markets, and are carried across all others by Publicis One, a fully integrated service offering, bringing together Publicis Groupe’s expertise under one roof. Present in over 100 countries, Publicis Groupe employs nearly 80,000 professionals.
Our role in the transaction
Oaklins DeSilva+Phillips in New York advised Harbor Picture Company on its sale to Publicis Groupe.
Zak Tucker
President and CEO, Harbor Picture Company
Talk to the deal team
Reed Phillips
Oaklins DeSilva+Phillips
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more