‘Heartstopper’ Producer See-Saw Films Appoints Investment Bank To Explore Options
deadline.comUK indie See-Saw Films has appointed an advisor to explore a sale or new investment. The maker of Heartstopper, Slow Horses and Sweetpea has engaged UK-based investment bank ACF to assess its options, Deadline has confirmed.
UK trade Broadcast was first with the news today. See-Saw has headquarters in the UK and Australia. Having been on a hot streak over recent years, during which it has produced multiple films and series on both sides of the pond in recent years, a premium will likely to be demanded and take an agreement into the low nine-figure pounds region.
Filings at the UK’s Companies House filings show See-Saw made £122.3M ($158.8M) in revenue in financial year to June 30, 2023, and profit of around £4.5M.
However, these numbers do not include cash made through Australia or other types of overseas turnover, we understand. Potential bidders have been approached, with interest likely to be high on one of the few non-consolidated scripted indies of scale still on the market. “They are a class act,” said one source.
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