LDC exits Plimsoll Productions to ITV in £131m transaction
14 Jun 2022
We have really valued our partnership with LDC. The team has supported and empowered us to achieve our ambitions on our own terms, with creativity, inclusivity and the pursuit of excellence at the core of everything we do. We’re now excited to build on our successes with ITV.”
Dewi Hughes, Partner and Head of LDC in the South West and Wales, added: “Plimsoll has become a global standard bearer for British natural history and premium factual filmmaking and has established a pre-eminent position in its genres at an international level. It has used award-winning creativity to tap into a surge in demand for content and is now perfectly positioned to continue its impressive growth journey with one of the UK’s biggest broadcasters. We have enjoyed supporting Grant and his team on their remarkable achievements and wish them all the very best.”
LDC and Plimsoll Productions were advised on this transaction by Houlihan Lokey (financial advisory), Osborne Clarke (legal), PWC (financial due diligence), CIL (commercial due diligence) and Deloitte (tax structuring).