Boat Rocker Media’s Jam Filled Entertainment has completed its acquisition of the principal assets of Toronto animation studio Arc Productions.
In a release announcing the acquisition, Boat Rocker Media’s co-executive chairmen David Fortier and Ivan Schneeberg and CEO John Young said Jam Filled has already begun production on certain CGI projects and has “the ability to take on additional properties immediately” as part of its expansion into the Toronto animation market.
Ottawa-based Jam Filled has taken over Arc’s former Toronto office, with the Richmond Street location employing approximately 200 people. The number of former Arc staff transitioned to Jam Filled in the acquisition is unclear, although the deal did rest on a number of key staff accepting new positions to continue work on existing projects. Prior to its closure, Arc employed approximately 500 people.
Jam Filled president Kyle MacDougall and creative directors Jamie Leclaire and Phil Lafrance will lead the team and oversee production. Boat Rocker will provide capital investment and business support.
The acquisition of Arc significantly changes the business proposition of Jam Filled, which previously specialized in 2D animation. Arc, on the other hand, focused on CGI/3D animation and had a history of four-quadrant feature film work.