UK indie See-Noticed Movies has appointed an advisor to discover a sale or new funding.
The maker of Heartstopper, Sluggish Horses and Sweetie has engaged UK-based funding financial institution ACF to evaluate its choices, Deadline has confirmed. UK commerce Broadcast was first with the information at this time.
See-Noticed has headquarters within the UK and Australia. Having been on a scorching streak over latest years, throughout which it has produced a number of movies and sequence on either side of the pond in recent times, a premium will more likely to be demanded and take an settlement into the low nine-figure area.
Filings on the UK’s Firms Home filings present See-Noticed made £122.3M ($158.8M) in income in monetary yr to June 30, 2023, and revenue of round £4.5M. Nevertheless, these numbers don’t embrace money made by way of Australia or different forms of abroad turnover, we perceive.
Potential bidders have been approached, with curiosity more likely to be excessive on one of many few non-consolidated scripted indies of scale nonetheless in the marketplace. “They’re a category act,” mentioned one supply.
All3Media CEO Jane Turton lately mentioned her firm would look to scripted acquisitions within the subsequent “months or years,” whereas Banijay purchased Peaky Blinders maker Caryn Mandabach Productions earlier this yr and could possibly be searching for extra offers. The likes of BBC Studios, which beforehand had a first-look take care of See-Noticed, and ITV Studios may be commerce gamers concerned about a deal.
See-Noticed is thought for its Oscar-winning 2011 movie The King’s Speech starring Colin Firth, Elizabeth Moss-starring BBC drama Prime of the Lake and the Academy Award-nominated Lion starring Dev Patel. IT additionally made the movie adaptation of Operation Mincemeat and Cannes favourite The Stranger.
Extra lately, the indie has been producing for Apple TV+’s Emmy-winning drama Sluggish Horses; Netflix’s Heartstopper; Sweetpea, which launched lately on Sky within the UK and Starz within the U.S.; and One Life Arising subsequent yr is Netflix drama Apple Cider Vinegar.
Iain Canning and Emile Sherman launched See-Noticed again in 2008. Helen Gregory and Simon Gillis now lead day-to-day operations as Joint Managing Administrators. The corporate final yr launched a three way partnership, Fanboy, with Heartstoppper government producer Patrick Walters. Sweetpea, Kirstie Swain’s adaptation of CJ Skuse’s darkly comedian novel was its first manufacturing.
We’ve reached out to See-Noticed and ACF for remark.
