The investment firm has taken a minority stake in the natural history and wildlife producer, which was founded by former Zodiak USA chief Grant Mansfield. The deal values the company at around $100M.
The company is on track to generate sales of around $42M for its financial year ending August 2019 including sales to a slew of international broadcasters via distributor Magnify Media, which it took a stake in three years ago.
The transaction was led by Andy Lyndon, Head of LDC in the South West and Wales, with support from Head of LDC in Cardiff Dewi Hughes, and Investment Executive James Garland. Andy Lyndon and Dewi Hughes will join the board, along with LDC’s Head of New Business Andy Grove.
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