White Oak Merchant Partners, a FINRA registered broker-dealer affiliated with White Oak Global Advisors (“WOGA”), announced that the firm worked closely with Syco Entertainment Ltd, the media production company of television personality, producer and record executive Simon Cowell, on a $125 million ABS transaction.

“We look forward to building on the success of the transaction and continuing this momentum as we work with other similarly situated media companies and IP owners.”

The transaction marks the first time a non-scripted TV show has been securitized, introducing a new avenue for media IP owners to monetize their assets and cash flows in the capital markets for reinvestment and strategic purposes.

“It was a privilege to have worked with the team at Syco on this groundbreaking deal from its inception,” said Freddy Boom, Partner & Head of Structured Finance, White Oak Merchant Partners. “We look forward to building on the success of the transaction and continuing this momentum as we work with other similarly situated media companies and IP owners.”

Andre Hakkak, CEO of White Oak Merchant Partners, said, “This innovative transaction is a testament to White Oak’s deep expertise in crafting bespoke asset-backed solutions for our corporate clients and delivering strong value to investors.”

Proceeds of the transaction will be used to fund Syco’s continued expansion.