Investment type
- Management buyout
Founded in 1989, Twofour is a group of production companies based in the UK and the US, working with broadcasters around the world to provide award-winning drama, comedy, factual, children’s and entertainment programmes. Its labels include Twofour, Twofour America, Boomerang, Oxford Scientific Films, Indus, Boom Cymru and Delightful Industries.
Creating a major player
In 2013 the management team secured an investment from LDC in which we provided follow-on capital to back the merger of portfolio company Boom Pictures, a thriving TV production business, with Twofour Group, one of the UK’s leading independent media groups.
It was a transformative deal that created a major new national and regional powerhouse in independent media production.
In June 2015 we exited our investment in Boom Supervisory Limited, the holding company of Twofour Group, in a sale to ITV plc.
Following our exit, Twofour continued to operate as a standalone brand and its management team remained with the business.
