TV production and distribution group Tinopolis has bought back the shares of its private equity investor Vitruvian to take full ownership of the company.
Vitruvian invested in Tinopolis in 2008. The superindie’s portfolio includes global sports producer Sunset+Vine, Question Time producer Mentorn Media, Firecracker, Pioneer, Tinopolis Cymru, the recently launched Thunderclap Media, drama producers Daybreak Pictures and Fiction Factory, as well as A.Smith & Co and Magical Elves in the US. Tinopolis also has its own distribution arm, Passion.
Arwel Rees, CEO of the Tinopolis Group, said: “Vitruvian has been a fantastic partner and together we have grown Tinopolis into a true TV production and distribution powerhouse. Now the time is right for Tinopolis to take back full control to steer the group into its next growth phase.”
Ben Johnson, Partner at Vitruvian, said: “The team at Tinopolis has achieved remarkable success in growing the company during our time together. Turnover has increased over threefold since our investment and the US has become the company’s largest revenue market.”
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