In January 2021 Enact completed the acquisition of this high profile post production house to support growth.
Evolutions is the third largest independent post-production house in the UK, operating from London and Bristol and specialising in non-scripted, reality television. The business provides services that range from onsite filming support; data management and download; editing, finishing, quality control and delivery to supporting a production team "convert" their raw film content into a finished show.
Customers include most of the UK independent production community, many of which are large blue-chip companies behind recognised household shows . Recent projects and clients include:
• Channel 4 dating series ‘First Dates’ for Twenty Twenty;
• Reality series ‘TOWIE’ and ‘Celebs Go Dating’ for Lime Pictures airing on ITV Be and Channel 4;
• Nature programme ‘Countryfile’ for BBC Studios;
• Documentary television series ‘24 Hours in Police Custody’ for The Garden Productions on Channel 4;
• Race across the World’ for Studio Lambert for the BBC; and
• ‘Taskmaster’, for Avalon on Channel 4.
Enact will invest to support growth and enable Evolutions to significantly expand its premium post-production capabilities, including a brand-new suite of innovative technical solutions for remote working borne out of the production challenges caused by COVID-19. Enact will also provide investment capital to upgrade production capability to meet technical requirement of Subscription Viewing On Demand (“SVoD”) providers such as Amazon, Apple and Netflix who are driving a surge in demand for new content.
Under the terms of the new deal Jim Campbell steps into the role of Chairman. . Jim previously delivered successful Endless investment, INK, in the media space and has a background in post-production having founded DOCK-10.
Chris Cormack, Partner - Enact added: “Evolutions is a prominent player in the post-production industry, and we see significant growth potential as consumers’ demand for content continues to increase exponentially across both traditional and new SVoD platforms. Evolutions are an innovative company led by a strong management team with the experience and ability to capitalise on the opportunities presented by the dramatically evolving content landscape.”
Key person for this case study
Having joined Endless in 2013, Chris leads our Enact Fund. He’s worked across industry, banking and corporate finance, starting his career with Ernst and Young in 1993.