‘Bondi Vet’ Producer WTFN Group Goes Up For Sale As Australian M&A Market Heats Up
deadline.comEXCLUSIVE: The Australian television M&A market is set for its first big deal in a minute or two. We can reveal WTFN, one of the remaining indies in Australia’s consolidated production market, has put itself up for sale.
Bosses at the 23-year-old company are seeking buyers and we hear they have instructed ABP Advisory, the UK-based M&A firm run by former ACF Investment Bank MD Hasham Khan, to explore a deal.
At present, the company is privately owned. WTFN didn’t respond to requests for comment and ABP declined to comment. Melbourne-based WTFN is known for returning unscripted series such as Nine Network’s reno show Space Invaders, long-running Network Ten doc series Bondi Vet and medical series Paramedics and Emergency.
Deadline hears there are plans for concerted pushes into scripted and high-end docs. Launched by producers Daryl Talbot and Steve Oemcke in 2001, the company owns a library of more than 2,000 in-house hours, a sizeable number that reflects it has numerous multi-season returners.
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