×

Matthew Helderman’s Buffalo 8 Productions is acquiring Steven Adams’ Alta Entertainment for an undisclosed price to establish a newly formed management division, Variety has learned exclusively.

The deal is aimed at bulking up Buffalo 8 Productions as the American Film Market, which launches Nov. 4, draws near.

“We’ve already started working together on several projects for AFM,” Helderman said. “This deal gives us more depth in what we offer.”

Helderman co-founded Buffalo 8 with Luke Taylor when Helderman was 21 to oversee the production of his first feature film, “The Alumni Chapter.” The company has a library of 35 movies, a roster of commercial directors and a post-production facility. In 2013, Taylor and Helderman founded Bondit, which has financed over 100 films.

It’s also a producer on Ira Sachs’ “Thank You for Being Honest,” starring Greg Kinnear, and heist comedy “The Brits Are Coming,” starring Sofia Vergara, Uma Thurman, Alice Eve, Stephen Fry and Tim Roth.

Alta Entertainment’s clients include authors, actors, financiers and post-production companies. The client list includes Carl Weber, Tamara Tunie, Roger Guenveur Smith, Kimberly Scott, Jaylen Moore, Garret Hines, Paris-based VFX house The Bridge and Bondit.

Adams previously worked as president of FilmPro Finance Events and Conferences. He produced Spike Lee’s “A Huey P. Newton Story,” in association with Starz/Encore, and served as co-producer with executive producer Justin Lin on the web series “Drone.”