EXCLUSIVE: Salvage Hunters producer Curve Media is gearing up for new investment after appointing specialist advisory firm GothamStreet to explore its strategic options, we’ve learned.
It’s understood the UK indie is expecting to double its revenues this year and wants to capitalize on its position in the factual market.Dane Phillips of London-based advisory GothamStreet is overseeing the process and Deadline understands that he has spoken to several potential partners, as Curve considers a range of options.
These could result in a strategic partnership, private equity investment, bank debt raise or a company sale, though the latter option isn’t thought to be favored.The process is in the early stages but whatever path is agreed, Curve wants to ensure it can capitalize on its position in the burgeoning UK unscripted market, and that continued growth will be at the forefront of any agreement.Curve’s turnover for 2021 was £12.4m ($15.6m), according to Companies House documents and Deadline understands revenues are expected to double to around £25M in 2022.
Curve’s management team currently owns a majority stake in the business, with BBC Studios holding a 25% shareholding.Factual-focused Curve is best known globally for Discovery’s long-running Salvage Hunters franchise and lauded BBC doc series Our Dementia Choir, which featured Line of Duty star Vicky McClure.
Read more on deadline.com
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