You will be redirected back to your article in seconds

Accord Financial Buys Stake in Film-TV Financier BondIt Media Capital

Accord Financial Corp. has closed a transaction through its Accord Financial Inc. to make a strategic investment in the Santa Monica-based film and television financier BondIt Media Capital for an undisclosed price.

Founded in 2014 by Matthew Helderman and Luke Taylor, BondIt Media Capital has provided financing to more than 200 feature films and television shows resulting in over $200 million  of production spending. BondIt titles include Rob Reiner’s “Shock and Awe,” Ambi’s “Finding Steve McQueen,” starring Travis Fimmel and Forest Whitaker, and “All the Devil’s Men,” starring Milo Gibson. The deal was announced Monday.

BondIt’s co-founder and Chief Executive Helderman said, “We are thrilled to partner with the team at Accord given their international reputation, expertise and 40-year track record of delivering much-needed capital to entrepreneurs. Accord’s appreciation of the intricacies and needs of media finance will allow BondIt management to significantly increase both funding flexibility and efficiency, enhancing our competitiveness at the highest level of the marketplace.”

BondIt’s management team will continue to run the daily operations of the business with the support and capital from Accord enabling further growth as a media financing firm. The deal was structured by BondIt’s Chief Financial Officer, Patrick DePeters, along with Accord’s Senior VP Simon Hitzig.

Accord’s Chief Executive Tom Henderson said in a statement:  “This investment strengthens Accord’s presence on the west coast, and is an ideal entry to the film and media sector, one of the country’s most dynamic and entrepreneurial industries. The BondIt team is deeply embedded in the media community and brings hands-on production experience to the challenge of financing in this fast-paced environment.”

Variety reported on May 20 that BondIt had finalized a strategic investment into ABS Entertainment Payroll & Production Accounting Services.

“BondIt’s strategic alliance with our sister company Buffalo 8 (a production, post-production and management firm) will enable further visibility and project packaging in addition to our recent acquisition of ABS Entertainment Payroll and Accounting rounding out the one stop solution we have envisioned creating for producers and creatives across all media,” Helderman said.

Henderson added, “No other team has this unique combination of media expertise and financing savvy.”

More Film

  • Lucas (Jonah Hauer-King) and Bella (Amber)

    China's Bona Film Boards Brad Pitt's 'Ad Astra,' 'A Dog's Way Home' (EXCLUSIVE)

    China’s Bona Film Group is co-financing Brad Pitt space adventure “Ad Astra,” one of several films in a strong slate of international movies the company plans to release in the Middle Kingdom over the next year. Bona has also acquired Roland Emmerich’s war spectacular “Midway” and is investing in “A Dog’s Way Home,” the sequel [...]

  • Aquaman 2018

    Film News Roundup: 'Aquaman' Sets Pre-Sales Record

    In today’s film news roundup, “Aquaman” sets a pre-sales record, “Bohemian Rhapsody” hits a milestone, and SAG-AFTRA promotes four executives.  PRE-SALES RECORD “Aquaman” has set a pre-sales record for Atom Tickets, topping “Deadpool 2,” “Avengers: Infinity War,” and “Black Panther.” Related BondIt Media Capital Closes $20 Million Credit Facility (EXCLUSIVE) Cannes: BondIt Invests in ABS [...]

  • 'Liga' Kicks Off At Ventana Sur's

    Ventana Sur: 'La Liga' Kicks Off at Buenos Aires' Animation!

    Spain’s Quirino Awards, Argentina’s Animation! and Mexico’s Pixelatl Festival, three key events in Ibero-American animation, will join forces to create La Liga (The League), as announced Wednesday at an Animation! round table hosted by the Quirino Awards, titled “Iberoamerican Alliance Models.” Speakers included Quirino Awards promoter José Luis Farias, Mexico’s Pixelatl director José Iñesta, Gonzalo [...]

  • The Quake Review

    Film Review: 'The Quake'

    Roar Uthaug’s 2015 “The Wave” revived the pleasures of the 1970s disaster-movie cycle in a form that seemed purer than the never-quite-dead genre’s recent Stateside incarnations — most of which seem to involve Dwayne Johnson in a generic pileup of CGI perils. “The Wave” wasn’t high art, but it was entertainment that delivered some standard [...]

  • The Mule trailer

    Film Review: Clint Eastwood in 'The Mule'

    From Dirty Harry to … dirty grandpa, Clint Eastwood certainly has a type of character that he plays best, and “The Mule” finds him squarely in his comfort zone, appearing as a surly old horticulturalist who, at age 90, has become perhaps the most reliable drug runner for the Sinaloa cartel, evading detection for nearly [...]

More From Our Brands

Access exclusive content