Marathon, the French production/distribution company behind the hit animated series Totally Spies, has gone on the auction block, according to Daily Variety. Purchased by private equity firm Bridgepoint two years ago, the company rakes in around ‘120 million ($162 million) a year is said to be worth about ‘300 million ($405 million). Bridgepoint expects to have a deal signed by July.
Among the power players said to be prime candidates for the Marathon buy is Stephane Courbit, head of the French operations of Netherlands-based reality TV juggernaut Endemol. Italian industrial group de Agostini would back the bid, according to the trade.
Bridgepoint owns All3Media, which has production units in the U.K., the U.S. and New Zealand, and controls IDTV’s production facilities in Germany, Holland and Belgium. The company holds a controlling 70% stake in Marathon, while the remaining 30% is held by Marathon heads Pascal Breton, Nicolas Coppermann and other key managers, including animation unit heads Vincent Chalvon-Demersey and David Michel.
