Hackman Capital Partners and Square Mile Capital Management have invested an undisclosed sum to buy Scotland’s largest studio campus.
The companies said they expanded their partnership with the acquisition of the Wardpark Film and Television Studios in Cumbernauld.
The pair already own MBS Group, a film and TV studio real estate and production services platform, they bought in 2019 from Carlyle for $650m (€562m).
Wardpark, a 14-acre campus, is the largest and only full-service studio in Scotland. The campus offers approximately 200,000sqft feet of studio space, including five sound stages, production offices, workshops, an external green screen area.
Michael Hackman, founder and CEO of Hackman Capital Partners, said: “We’re thrilled to be adding Wardpark Film and Television Studios to our distinguished portfolio and excited to be entering the Scottish production market.”
Square Mile Capital CEO Craig Solomon, said: “This acquisition of Wardpark Studios will prove to be a great addition to our partnership’s ownership and operating platform of world-class studio properties.”
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