International legal practice Osborne Clarke has advised specialist private equity fund manager YFM Equity Partners ("YFM") on its investment into Eikon Group Limited, a provider of end-to-end, digital post-production services to the motion picture and broadcast industry.
The funding will be used to support Eikon's expansion into the US where a new state of the art studio will be built in Burbank, Los Angeles as well as continued investment in the development of technology to enhance the service delivery to customers.
EIKON Group have cutting edge technology facilities in Soho, London and Burbank, Los Angeles, offering digital mastering and localisation services to the film, broadcast and online media industry. Clients include Paramount Pictures, Twentieth Century Fox, Sony Pictures Entertainment, Warner Bros, Universal Pictures, CBS and Netflix. Now in their fifth year, EIKON have doubled revenues year on year and have grown from a staff of 6 to 100.
Recent EIKON work includes the worldwide localisation and mastering for titles “Peter Rabbit”, “Greatest Showman”, “Shape of Water”, “Three Billboards Outside Ebbing, Missouri”, “A Quiet Place” and ‘Red Sparrow”.
An Osborne Clarke team led by corporate Partner Simon Jones advised YFM. Simon was assisted by corporate Associate Jonny Gait and from the banking team Partner Tom Bussy and Associate Gavin Williams.
Osborne Clarke’s corporate team is considered a go-to practice for many companies in the tech, media and comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.