GCA Altium is now part of Houlihan Lokey

Transaction Details

July 7, 2021
London Sloane St


Digital Media and Media

Deal Type


Deal Team

Jonathan Norman, Michel Tommasi

GCA Altium advises Drama Republic on its sale to MEDIAWAN & LEONINE Studios

GCA Altium has advised Drama Republic, a leading and award-winning UK production company, on the sale of a 51% stake to MEDIAWAN & LEONINE Studios, a European studio nurturing international talents and creating innovative premium IPs for a global marketplace.

This acquisition marks a key step in developing the European and the international footprint of MEDIAWAN & LEONINE Studios into English-speaking territories. With strong positions in France, Germany, Italy, Scandinavia, Spain and the UK, the studio is now engaged in the top European content markets.

Drama Republic has been led by industry icons and Co-CEOs Greg Brenman and Roanna Benn and CCO Jude Liknaitzky since 2013. They will all stay on in their respective roles. Drama Republic is home to many acclaimed dramas, including ‘Doctor Foster’, which was sold in over 100 territories, and ‘The Honourable Woman’, which landed 11 international awards including a Golden Globe, a Peabody and a BAFTA.
MEDIAWAN, based in Paris, France, and LEONINE Studios, in Munich, Germany, joined forces last year by creating a joint company,

MEDIAWAN & LEONINE Studios, uniting the strengths of the two studios to form one of the major independent European media groups. The company nurtures international talents, develops and produces innovative premium IP for a global market, while also holding market-leading positions in production, distribution and licensing in their respective territories. MEDIAWAN & LEONINE Studios unites the creative power of 61 production companies creating all genres and formats in fiction and non-fiction in the top European content markets.

Pierre-Antoine Capton, CEO of MEDIAWAN, said: “We are delighted to welcome within our family the very experienced and ambitious team of Drama Republic. Combining creative forces and market relevance with Drama Republic unlocks fantastic opportunities for our studio: we look forward to seizing synergies in co-production, distribution and licensing, enabling our local hits to travel globally. MEDIAWAN & LEONINE Studios will give us even more firepower on a day-to-day basis to support talents and create appealing content with international potential.”

Greg Brenman and Roanna Benn, Co-founders and Co-CEOs of Drama Republic, added: “We couldn’t be more excited to be embarking on a long-term partnership with MEDIAWAN & LEONINE Studios, one of Europe’s leading drama producers. As the makers of ‘Call My Agent’ and ‘Dark’, their ability to produce stellar content couldn’t be more evident. We are thrilled and honoured to help lead their expansion into English-language content and are very pleased with the wonderful advice that Jonathan Norman and his team at GCA Altium have given us along the way.”

The financial aspects of the transaction are undisclosed. The transaction was closed on 1 July 2021.

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