CapMan has agreed to acquire Varesvuo Partners Oy, a Finnish television content and commercial film production company, from Talentum. The deal is valued at EUR 11 million, and includes participation by company management. Get more info.
CapMan Buyout VIII fund, Roope Lehtinen and the company's other management have entered into an agreement to acquire Varesvuo Partners Oy, a Finnish television content and commercial film production company, from Talentum. The agreement covers all companies belonging to Talentum's TV business with the exception of Oy Filmiteollisuus Fine Ab. The investment is made to finance the company's growth and to strengthen its position as an independent company.
The company is specialised in the production of television programmes and commercial films. In addition to its core business areas, it also rents production equipment and offers post production services via its subsidiaries and associated companies. The company's subsidiaries include, among others, Moskito Television, Kaivopuiston Grillifilmi and Angel Films. The transaction has a debt-free value of approximately EUR 11 million.
The company produces programmes for all of Finland's free to air TV channels and major pay TV channels as well as commercial films for Finland's biggest advertisers and numerous international customers. The company's turnover for the period 1