Thu, 09 Oct 2014 | BUSINESS SALE
The starting gun has been fired for the race to buy Tinopolis, the biggest remaining British independent TV producer.
A price tag of £300 million has been attached to the business, which is based in Wales and is behind programmes such as Question Time and Big Fat Gypsy Weddings.
Several media company owners, including ITV, Sony and All3Media, as well as private equity firms have been handed a prospectus for the business, with options for Tinopolis including a full or partial sale.
Tinopolis is seen as particularly attractive after a plethora of US media firm deals over the past few years, leaving the Welsh group to be the largest UK TV producer left. It is thought the sale could draw figures way above the asking price, with an eventual owner more likely to be a trade buyer than a private equity outfit.
A complete sale could be tricky, however, as Tinopolis’ senior bosses rejected a serious offer from MSD Capital in 2013. Also Entertainment One, behind Peppa Pig and The Walking Dead, had entered talks about a possible sale this year, but no agreement was reached.
A sale of Vitruvian Partners’ 48 per cent stake in the business may be more likely for Tinopolis, though may not satisfy potential buyers.
Tinopolis owns various producers including Channel 4’s Paralympic Games coverage, Mentorn Media, behind Question Time, and Firecracker, which makes Big Fat Gypsy Weddings.
____________________________________________________________
Related information:
Media companies for sale
Global M&As reach five-year high
This well-established company is a leading provider of recruitment services and staffing solutions in the care industry, boasting a large portfolio of highly trained staff and lasting relationships with over 135 clients. With 75% of its revenue from...
This company offers a unique blend of consultancy services and software platforms to enhance data utilisation and decision-making within the construction industry, boasting a strong client base of nationwide Tier 1 contractors. With plans to expand i...
This successful steel manufacturing and installation company boasts a well-established client base with over 20 years of loyal, repeat business, largely driven by word-of-mouth referrals. With minimal marketing efforts to date, the business presents...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.