(Windfall executives, from left to right: Ian Duncan, David Dugan, Kristina Obradovic and Carlo Massarella)
Argonon, the global production group, has fully acquired UK-based Monster Moves prodco Windfall Films, for an undisclosed amount.
Windfall’s CEO and co-founder David Dugan will join the Argonon board, while fellow company directors Ian Duncan, Carlo Massarella and Kristina Obradovic each take stakes in the Argonon group.
The production company, known for its specialist factual programming in the history, military, adventure, science and natural history genres, will remain working out of its East London headquarters, but will now have access to Argonon’s infrastructure and resources, with the super-indie supporting Windfall’s growth into the U.S. and Canada.
This marks the largest deal for Argonon – which has offices in London, New York and Vancouver – since its launch in 2011. Windfall joins a portfolio that includes Leopard Films, Remedy Productions, Transparent Television and BriteSpark Films.
Windfall’s slate includes Inside Nature’s Giants and Foxes Live: Wild in the City for Channel 4, Monster Moves for Channel 5, Big Bigger and Biggest for National Geographic, and Strip the City for Discovery Channel.
“Windfall are an innovative, talented and maverick team of producers who we have followed closely for many years,” said James Burstall, CEO of Argonon. “Argonon will offer Windfall the creative licence and international expertise, within a collaborative and supportive environment, to achieve their international growth ambitions, with a major focus on the North American market.
“This deal marks the halfway point in Argonon’s five-year business plan and we are on target to achieve our goal of reaching a group turnover of £100 million in 2016.”
Dugan added: “This deal with Argonon offers an unusual and exciting opportunity for Windfall. James Burstall fully supports our wish to maintain our unique creative ecology; while at the same time helping us to build on the growth we’ve been enjoying over the past few years.”