BGF invests in Oscar winning VFX studio Milk to accelerate their growth strategy
Date
June 2017
Sectors
Digital media and content
Deal Type
Early stage VC
Our Role
Buy side
About Milk
Milk is an Academy and BAFTA award winning independent visual effects company with studios in London and Cardiff. The company creates innovative and complex sequences for high-end television and feature films including Doctor Who, Sherlock, The Martian, Ex-Machina and Les Miserables.About BGF
Business Growth Fund (BGF) is an independent private equity company with up to £2.5 billion in capital. The fund initially invests between £2m and £10m into privately owned and AIM-listed, profitable companies providing growth capital in the form of long-term equity investment.About the deal
BGF invested an initial £2m in Milk Visual Effects to fund the expansion of its studios; invest in new technical equipment and R&D and hire the best industry talent. The deal significantly increases Milk’s capacity to work with the world’s leading feature film, high-end television and digital content producers such as Warner Bros., the BBC and Netflix.
Our work
We advised BGF on their investment into Milk by providing financial due diligence and advising on key deal structuring matters.
Chris Hodges
Investor
BGF
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