Edge Investments, the specialist investment house focused on the creative industries sector, has revealed it will invest up to £10 million (€11.2m) in the thriving UK television production industry.
Joanna Smith, Investment Manager at Edge commented: “We want to meet television production management teams who are looking for a pure equity investor focused on growth and an eventual exit. Edge typically seeks creatively driven businesses which are run on a sound commercial basis, with revenues of around £1 million; however there is some flexibility in our approach. We’re looking to invest in a number of strong, creative firms which can demonstrate a variety of broadcaster relationships, with at least one to two commissions running through the company to date. Rather than one-off projects we are looking at companies that have the ability to deliver series and develop formats, as that is where the UK’s world-beating ability in the creation, acquisition, management and commercial exploitation of intellectual property best translates into real economic value.”