Smedvig Capital announce the sale of PPC to SDI Media
Smedvig Capital are delighted to announce the sale of the Picture Production Company (PPC) to US based media localisation provider, SDI Media Group. Smedvig have been shareholders in PPC since 2010 and have supported the team in a major transformation of the business, most notably through the growth of the marketing localisation offering.
PPC is one of the world’s leading producers of marketing collateral and content for the global film industry; creating, producing, localising and delivering marketing assets across multiple international media platforms. So far this year they have worked across 322 film titles, producing over 15,000 individual marketing assets, in 39 different languages and distributed across 60 countries.
SDI Media is the leading provider of dubbing, subtitling, translation and media services to the world’s most recognisable entertainment companies. Its network of owned and operated studios in 29 countries forms the largest and most accessible one-stop media localisation solution for distribution to any window, anywhere. SDI Media specialises in cost effective services, using proprietary technology and supported by operational hubs in Los Angeles, Manila and Warsaw.
PPC will continue to operate as a stand-alone company, whilst taking advantage of being part of SDI. Both companies partner with the major media content providers extensively and they will look for opportunities to create synergies in servicing their clients.
Ben Nicholls, CEO of PPC, said:
“It has been a pleasure working with the guys at Smedvig, who have been very supportive and take a genuinely long-term perspective.”
Rob Toms, Managing Director at Smedvig, commented:
“The team at PPC have done a great job growing the business in a very competitive market, we wish them and their new shareholders even greater success in the future.”