Connection Capital, a specialist private client alternative investments business, has completed a £6.4 million investment in the MBO of one of the UK’s leading TV and film set design and build businesses, Cardiff-based 4Wood TV and Film Ltd, whose customer base includes Netflix, Disney+, the BBC and HBO.
The transaction was supported by a senior debt package from Virgin Money (Clydesdale Yorkshire Bank).
The company’s recent and on-going work includes the high-profile productions of His Dark Materials (BBC/HBO), Sex Education (Netflix), Doctor Who (BBC), A Brave New World (Universal), A Discovery of Witches (Sky) and Willow (Disney – premiering later this year).
4Wood has an 85% share of the high-end TV and film set production market in south Wales (the second largest market in the UK after the south-east) and has strong relationships with the three principal studios there.