Deal 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.
Joining forces with LDC and Boom Pictures in 2013 helped us achieve that success. Now, as part of ITV, we have the opportunity to take our content to an even greater audience across the world, while developing exciting new programmes with the backing of the UK’s largest production group.”Melanie Leach, Chief Executive Officer
Twofour Group
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