Shamrock has taken a majority stake in Silvergate to support the growth of the business and expand its IP, library rights and digital capabilities.
Pre-school entertainment studio Silvergate Media is teaming with Shamrock Capital Advisors in a bid to accelerate its global growth.
In its plan that will be lead by organic growth through acquisition, Shamrock has taken a majority stake in Silvergate to support the growth of the business and expand its IP, library rights and digital capabilities.
The studio is also looking to increase its presence in China.
Both Waheed Alli, CEO and William Astor, chairman who founded Silvergate in 2011 will continue in their roles, driving further expansion of the business globally.
Alli, said: “Having just completed another year of strong growth and portfolio development, we are excited to be partnering with Shamrock.
“They have a tremendous track record of investing in media and entertainment businesses and truly understand the value of generating great content, given their extensive experience in the sector and unique heritage.
“We have made excellent progress this year globally with Octonauts and more recently Sunny Day. We are also accelerating the growth of our portfolio, with the development of brand new children’s programmes for partners including Disney, Nickelodeon and Netflix.
“The support of Shamrock will enable us to expand the business faster through further organic growth as well as by acquisitions.”
William Wynperie, partner at shamrock Capital Advisors, added: “Silvergate has developed a unique set of kids’ properties with significant upside potential.
“We look forward to working with Waheed, William and their team to build on Silvergate’s track record of creating the highest quality content or the children’s market.
“With significant global demand for content, a tremendous team and several quality brands, the Company is well positioned for the future.”