Llanelli-based film and television producer Tinopolis ranked as top Welsh company and 51st in the UK by
The Sunday Times Deloitte Buyout Track 100.
Tinopolis de-listed from the Alternative Investment Market after accepting a £45m offer from private equity firm Vitruvian Partners, in 2008.
Vitruvian has a 70% equity stake in the business with the remainder held by management. Profits have risen 49% a year from £2.9m in 2006 to £6.5m in 2008. Its latest accounts to September 2009 show Tinopolis with a turnover of more than £65m. Its notable commissions includes Question Time.
The company generates around 2,500 hours of drama, documentary, sports and children’s TV programmes a year for 200 broadcasters worldwide.
Following its takeover of TV Corporation its group businesses include Mentorn Media and Sunset + Vine.
An exit with its private equity backers has yet to be agreed, but one potential route could see Tinopolis re-listing which could see Vitruvian maintaining a degree of ownership.
The Sunday Times Deloitte Buyout Track 100 highlights profit performance of companies backed by private equity.
Taken from the Western Mail, 5 February, 2010.
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