TVA Group to acquire Serdy Média and Serdy Vidéo in $24 million transaction

May 1, 2018

On May 1, 2018, TVA Group announced an agreement to acquire the Serdy Média Inc. and the Serdy Vidéo Inc. group of companies for an aggregate amount of $24 million. The acquisition will equip TVA to further diversify the content it offers Quebec viewers by adding the Évasion and Zeste specialty channels. TVA Group was a founding shareholder of Évasion, whose programming focuses on travel, tourism, adventure and food. Zeste is a cooking and lifestyle network. This transaction requires CRTC approval.

Miller Thomson is advising Serdy Média Inc. and Serdy Vidéo Inc. with respect to this transaction with a team led by Normand Royal and including Julien Morier and Grégory Morin-Maltais (corporate/M&A), Alexandre Ajami (IP) and Claudia Desjardins Bélisle (labour and employment).