Partner Article
Zinc Media acquire award-winning ‘blue chip’ TfL and Nationwide video producers
Cross-platform content and television producers Ten Alps plc, who trade as Zinc Media, have announced the acquisition of corporate video production firm Straker Films.
The Wimbledon-based TV, film and video production company, which counts the likes of TfL and building society Nationwide amongst its client base, has been snapped up for an initial £110,000, with further considerations payable depending on Straker’s revenues over the next 12 months.
The deal will see Straker, who generated revenues of £640k last year, relocate to Ten Alps’ London offices and will work closely with their corporate communications team and TV production businesses.
Founded in 2004 by Nick Straker and Nicola Mann, the production firm has a growing reputation in the industry after scooping 11 awards at last year’s Event and Visual Communication Association Awards.
Mark Wood, Chief Executive Officer of Ten Alps, said: “Ten Alps has already broadened its range of television production through the acquisition of Reef TV and its investment in Chrysalis Vision.
“The acquisition of Straker Films gives Ten Alps a significant and credible footprint in the corporate video and storytelling market and we look forward to growing our business in this high growth market.”
Nick Straker, founder of Straker Films, commented: “I am delighted that Straker Films is entering the next phase of its growth in conjunction with Ten Alps. Straker Films has had a long working relationship with Ten Alps and we see the opportunity to become a player of much larger scale in the high growth corporate storytelling market.”
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