AIM listed Zinc Media Group raises £5m acquires The Edge Picture Company
Zinc Media has raised £5m to support the purchase of The Edge Picture Company and to continue the growth of the Group.
Located in London and Qatar, The Edge Picture Company, founded in 1990, is one of the leading Brand and Corporate film makers in the UK, both by size and recognition. The Edge uses video to deliver premium external marketing, internal communication, training and e-learning for its customers. Working across a number of geographies, The Edge has longstanding relationships with a number of multi-national customers such as Amazon, FIFA and Barclays amongst many more. The Edge works with c.100 customers in total and 58% of revenue is derived from outside the UK.
Zinc estimates that The Edge operates in a large and established market worth c.£1bn pa., as even brands with their own in-house services still outsource c.65% of their work to independent producers such as the Edge.
In 2021 The Edge generated sales of £8.2m with an EBITDA of £0.8m.