Federation Entertainment Raises Financing for Expansion

Federation Entertainment has secured 16 million euros ($18.3 million) in funding to drive expansion in France and internationally.

The funding round, led by Bpifrance, also includes BNP Paribas Développement, Amundi Private Equity Funds, Alliance Entreprendre and Entrepreneur Venture. A statement from Federation, which is active in the drama, kids and family and entertainment spheres, said the financing “will enable the company to launch even more ambitious and diversified projects and to carry out external growth initiatives in a rapidly developing market.”

Pascal Breton, founder, CEO and majority shareholder, commented, “I am very pleased to welcome this consortium of solid, cohesive companies close to the audiovisual sector as new investors in our company. After having put in place a number of innovative financing tools for production and distribution, notably with Anton Capital, we are taking a new step to strengthen Federation’s capacity for long-term development. The objective is to support the organic growth of our investments in production and distribution while expanding our international presence, notably through acquisitions, in order to become one of the leading European studios, with a very active branch in the U.S.”

Nicolas Parpex, senior investment director in the creative industries division of Bpifrance, added, “We are delighted to stand alongside leading investors in supporting a French champion of creative industries, led by a team with unparalleled talent and experience. The funds raised, historic in their scope for a French audiovisual production company, will enable the Federation to continue its strong growth trajectory and to solidify its international reach and its position vis-à-vis different platforms.”