Date Closed

June 1, 2005

Lead Office

Toronto

Value

80.00 Million USD

On June 1, 2005, ROW Entertainment Income Fund (ROW) completed the US$80 million acquisition of Koch Entertainment, a US-based independent record, music publishing and distribution company as well as an independent video label distributor, together with its Canadian assets. The transaction creates one of North American’s largest suppliers of pre-recorded music and videos for the home entertainment industry with combined revenues of approximately $675 million. The transaction required the reorganization of certain business units of ROW to facilitate the maintenance of ROW as a Canadian business income trust with significant non-Canadian operations.

McCarthy Tétrault advised ROWE with a team that was led by Ronald Schwass.