Yorkshire Post

YFM funds back Eikon Group as it aims to build Los Angeles studio

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FUNDS ADVISED and managed by YFM Equity Partners, the specialist private equity fund manager, have backed an investment into Eikon Group, which provides digital post-production services for the film industry.

Eikon Group has technology facilities in Soho, London and Burbank, Los Angeles, offering digital mastering and localisati­on to the film, broadcast and online media industry.

The company’s clients include Paramount Pictures, Twentieth Century Fox, Sony Pictures Entertainm­ent, Warner Bros, Universal Pictures, CBS and Netflix.

Recent EIKON work includes the worldwide localisati­on and mastering for the films and

YFM’s funds will be used to support the expansion into the US where a studio will be built in Burbank, Los Angeles as well as continued investment in the developmen­t of technology to enhance the service delivery to customers.

Colin Granger led the investment for YFM and will join the board at completion. Mr Granger, commented: “We are delighted to be working with Eikon and the management team to support the future expansion into the US and the continued investment in underlying software developmen­t.

“Management have done a fantastic job in growing the business to where it is today and we look forward to supporting them in the next chapter of growth.”

Peter Wright, co-founder and CEO of Eikon, added: “We are very excited about the future and growing the business alongside YFM.”

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