New Media Producer Tinopolis Gets £44.7 Million VC Bid
Llanelli, Carmarthenshire-based TV and interactive producer Tinopolis - which occupies what we Scarlets still call the “old Tesco building” - looks set to be bought by VC firm Vitruvian Partners for £0.45 a share, valuing the company at £44.7 million. Formerly called Agenda, Tinopolis produces shows like Wedi 7 and Le Rygbi for S4C but also Question Time and sport shows through its recent Mentorn and Sunset + Vine acquisitions. Moreover, it has a strong line in new media learning software through interactive arm, producing a range of National Curriculum resources. It had been a lead supplier to the BBC’s Digital Curriculum project but, when the BBC Trust forced the corporation to close its Jam site last year, Tinopolis made 13 redundancies and forecast a £2.1 million for the end of 2008. More via RNS notice and Guardian.
Posted In: Entertainment, Media & Publishing, TV, Money, M&A & Venture Capital, Mergers & Acquisitions, tinpolis, vitruvian partners
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