London post-production specialist secures "major" investor ahead of expansion
A London post-production house has announced a “major” investment as it aims to expand its capabilities.
Evolutions, an independent post-production facilities firm based in London and Bristol, has announced specialist SME investment firm, Enact, as a “major” investor.
The company said that the new partnership will see an “ambitious growth strategy” implemented, with Enact investing to support growth and Evolutions’ expansion of its post-production capabilities.
Simon Kanjee, CEO of Evolutions, commented: “This is an exciting new chapter for us, with the investment from Enact we are perfectly positioned to accelerate the growth of the business in this rapidly changing environment.
“The global pandemic has had a significant effect on the industry although we’ve quickly adapted by developing and delivering remote post-production solutions and workflows which have become essential for our clients.
“This investment will unlock huge potential for us, with the demand for content at an all-time high, it has arguably never been a better time to grow the Evolutions business, and we look forward to working with Chris, Jim, and the Enact team on doing just that.”
Chris Cormack, partner at Enact, added: “Evolutions is a prominent player in the post-production industry, and we see significant growth potential as consumers’ demand for content continues to increase exponentially across both traditional and new SVoD platforms.
“Evolutions are an innovative company led by a strong management team with the experience and ability to capitalise on the opportunities presented by the dramatically evolving content landscape.”
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