Click here to view the original press release.
Fort Capital Partners is pleased to announce the sale of Studio City Toronto, an iconic studio complex located in Toronto’s Port Lands, and Studio City Rentals, a specialty equipment rental provider for the North American film and entertainment industry. Studio City Toronto has been acquired by William F. White International, Inc. (“WFW”) and Studio City Rentals has been acquired by Sunbelt Rentals of Canada, Inc. (“Sunbelt Rentals”).
Studio City Toronto soundstages, part of the former Showline Studios built in 1988 and acquired by the City of Toronto in 2017, have played host to location shoots for Netflix’ Luckiest Girl Alive, CBC’s Strays and Kim’s Convenience, Amazon’s The Expanse, and CBS’s Rabbit Hole, starring Kiefer Sutherland. Since 2021, the complex has been home to Oscar-winning visual effects company Pixomondo and WFW’s LED volume for virtual productions. Studio City Rentals offers rigging and scaffolding rentals for the film and entertainment industry in Toronto, Vancouver, and Los Angeles.
Chris Nethercoat, CEO of Studio City Toronto, and Mike Kirilenko, President of Studio City Rentals, will remain in their current roles and report to WFW. “This is the opportunity we have been waiting for – Studio City Toronto and Studio City Rentals are perfectly positioned for rapid growth and with the support of WFW and Sunbelt Rentals, we can continue to bring innovative solutions to a market that will continue to demand only the best,” said Mike Kirilenko.
Fort Capital Partners acted as financial advisor to Studio City Toronto and Studio City Rentals.