Hackman Capital Partners, owners of the new Dagenham Studios, have partnered with Square Mile Capital Management to acquire two Irish film and TV facilities: Ardmore Studios in Wicklow and Troy Studios in Limerick.
The two companies have the world’s largest studio and media portfolio, with over 360 soundstages in around 60 locations across 46 cities and four countries.
Financial details of the deal have not been revealed.
Both Irish studios are expected to continue under their current brands, with staff remaining on board.
Troy Studios is Ireland’s largest studio complex, with 100,000 sq ft of stage space and 250,000 sq ftfor production support, including the largest sound stages in the country. Ardmore Studios has more than 140,000 sq ft of sound stages and about 160,000 sq ft of support buildings.
“Ireland is a superb destination for production, with the richness of its natural landscape, its indigenous content industry and its skilled production crews. We look forward to building upon this great history and are committed to growing both indigenous and international production activity in Ireland, by investing in and forging strong links with local talent and communities and by promoting further inward investment from international content creators,” said Michael Hackman, CEO of Hackman Capital Partners.