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Company’s Rocking Films ‘Heartstopper’ Explore Strategic Options
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Company’s Rocking Films ‘Heartstopper’ Explore Strategic Options

British independent Rocking Movies has appointed an advisor to explore a sale or new investment.

The manufacturer of Falling for something, Slow horses And sweet pea has hired British investment bank ACF to evaluate its options, Deadline has confirmed. The British commercial broadcaster was first to report the news today.

See-Saw is headquartered in the United Kingdom and Australia. Having enjoyed a good streak in recent years, during which it has produced several films and series on both sides of the Atlantic in recent years, a premium will likely be demanded and will require a deal in the nine-figure pound region. .

Documents filed with the UK’s Companies House show See-Saw had revenue of £122.3 million ($158.8 million) in the financial year ended June 30 2023 and a profit of around £4.5 million. However, these figures do not include cash from Australia or other types of overseas turnover, from what we understand.

Potential bidders have been approached, with interest likely high for one of the few large-scale unconsolidated scripted independent films still on the market. “It’s a class act,” a source said.

Jane Turton, CEO of All3Media, recently said his company would consider scripted acquisitions in the next “months or years”, while Banijay bought Peaky Blinders director Caryn Mandabach Productions earlier this year and may be looking for other deals. Companies like BBC Studios, which previously had an initial deal with See-Saw, and ITV Studios could also be commercial players interested in a deal.

See-Saw is known for its 2011 Oscar-winning film The king’s speech with Colin Firth, BBC drama with Elizabeth Moss Lake Summit and the Oscar nominee Lion with Dev Patel. IT also produced the film adaptation of Operation Mincemeat and Cannes favorite The stranger.

Most recently, the independent company produced the Emmy Award-winning drama series on Apple TV+ Slow horses; those of Netflix Falling for something; sweet pearecently launched on Sky in the UK and Starz in the US; And A life Next year, a Netflix drama Apple cider vinegar.

Iain Canning and Emile Sherman launched See-Saw in 2008. Helen Gregory and Simon Gillis now run the day-to-day operations as joint managing directors. The company last year spear a joint venture, Fanboy, with Favorite executive producer Patrick Walters. sweet peaKirstie Swain’s adaptation of CJ Skuse’s darkly comic novel was her first production.

We have contacted See-Saw and ACF for comment.