Hackman Capital Partners announced that it has acquired, through an affiliated entity, The MBS Group a film and TV studio real estate and production services platform, for $650 million from global investment firm The Carlyle Group.
MBS Media Campus, or Manhattan Beach Studios as it is commonly known, is a 22-acre, 587,000 s/f studio production facility located in Manhattan Beach, California. Hackman acquired the real estate asset in a joint-venture with an investment partnership led by Square Mile Capital Management.