Special-Situation & Distressed M&A
Sales and acquisitions in complex, time-sensitive, and distressed settings — where creativity and deal experience make the difference.
Independent M&A Advisory · Media & Entertainment
Unlocking value where a unique approach is needed.
TOA Advisors is an independent advisory firm focused on complex and special-situation M&A — the sale, monetization, and restructuring of Media & Entertainment content and digital assets — backed by more than two decades of deal experience.
Who we are
Built for complex, high-stakes situations.
Founded in 2024, TOA Advisors is an independent firm specializing in complex and special-situation M&A, with deep focus on the Media & Entertainment sector.
We advise on the sale, monetization, and restructuring of high-profile content assets — film and television libraries, streaming and digital platforms, and the intellectual property behind them. We regularly represent senior lenders and stakeholders in creditor-driven asset sales, licensing monetization, and restructuring processes.
Because we are independent, our advice carries no conflicts — no products to sell, no balance sheet, no competing agenda. Every engagement is led personally by a senior advisor who thrives where value must be unlocked under challenging circumstances.
What we do
Advisory for the situations others avoid.
The capabilities of a global bank, delivered with the focus, discretion, and senior attention of a specialist boutique.
Sell-Side M&A
Positioning, marketing, and negotiating the sale of a company, division, or asset to maximize value and certainty of close.
Buy-Side M&A
Sourcing, evaluating, and executing acquisitions — from target identification and valuation through diligence and closing.
Content & Library Monetization
Unlocking value in film and television libraries, digital platforms, and IP through sales, licensing, and monetization strategies.
Restructuring & Creditor Advisory
Representing senior lenders and stakeholders in restructurings, creditor-driven asset sales, and special-situation processes.
Valuations & Fairness Opinions
Independent valuations and fairness opinions supporting boards, fiduciaries, and lenders in high-stakes decisions.
The independent advantage
No products. No conflicts. No competing agenda.
Independence is not a tagline for us — it is the entire business model. It changes the advice we give and the outcomes we deliver.
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Aligned incentivesOur counsel is never colored by a balance sheet, a lending relationship, or a product to cross-sell.
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Senior attentionEngagements are led and executed by an experienced principal — not handed to a junior team after the pitch.
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Media & Entertainment depthSpecialized expertise in content assets, libraries, and digital platforms — including under distress.
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Tenacity & creativityWe thrive where value must be unlocked under challenging, high-stakes circumstances.
Sector focus
Deep in Media & Entertainment.
We concentrate where relationships, judgment, and pattern recognition create real advantage — with broad experience across the wider TMT landscape.
Film & Television Libraries
Content catalogs, derivative rights, and IP monetization.
Streaming & Digital Platforms
AVOD/SVOD services, audience businesses, and OTT assets.
Content & IP Licensing
Licensing strategies and monetization of entertainment IP.
Media & Entertainment
Networks, production, distribution, and entertainment services.
Telecom Services
Wireless, wireline, and communications providers.
Internet Infrastructure & Data Centers
Connectivity, fiber, hosting, and digital infrastructure.
Selected experience
Representative transactions.
A sample of engagements led by our principal at TOA Advisors and prior firms.
Chicken Soup for the Soul Entertainment
Engaged by HPS Investment Partners and MidCap Financial to manage the sale of all CSSE assets — including Crackle, Redbox, and its film and television libraries — through a series of lender-driven transactions.
Media & Entertainment · Special Situations
Sonar Entertainment
Advised on the $60 million sale of Sonar Entertainment, including the Lonesome Dove library and other iconic television properties.
Film & TV Libraries
Open Road Films
Advised on the $87.5 million sale of Open Road Films — home to Oscar-winning titles including Spotlight — to Raven Capital.
Film & Entertainment
MetroPCS Communications
Advised on the business combination with T-Mobile USA.
Telecom Services
$3.5 Billion Restructuring
Advised on a large-scale balance-sheet restructuring.
TMT · Special Situations
$1.4 Billion Restructuring
Advised on a complex, multi-stakeholder restructuring.
TMT · Special Situations
20+
Years of advisory experience
$5B+
Transactions advised, career
M&E
Specialist sector focus
100%
Independent & conflict-free
Facing a complex transaction? Start with a conversation.
Whether a sale is on the horizon or a situation is urgent, an early, confidential conversation costs nothing and clarifies everything.
Contact TOA Advisors