Hackman Capital Partners LLC, through an affiliated entity, has acquired Carlyle Group LP's film and TV studio real estate and production services platform The MBS Group for $650 million.
The MBS Group operates two businesses: a 22-acre studio production facility in Manhattan Beach, Calif., called MBS Media Campus; and a multinational, studio-based network of over 35 partner studios called MBS Services.
Hackman Capital purchased the studio production facility in a partnership led by real estate and investment management firm Square Mile Capital Management LLC, according to an Aug. 7 news release.
The MBS Group provides production services for media and digital content producers. Hackman Capital is a privately held, real estate investment firm.