The maker of hit television shows Who Do You Think You Are?, Supernanny and New Tricks has confirmed it is evaluating an initial approach from a buy-out consortium. Shed Media said Bowmark Capital and Darwin Private Equity were working with members of its management team over a possible deal.
Four directors including chief executive Nick Southgate own almost a third of the business, which is currently valued at £73 million.
Both members of the potential buy-out team have previous experience in the media sector. Bowmark owned a 20% stake in Wife Swap maker RDF Media until 2005, while Darwin was a previous investor in production and distribution firm All3Media.
The firm was founded in 1998 and floated on the junior AIM market in 2005. Revenues have more than trebled since then to £82 million in 2008 as the company advanced through acquisitions and organic growth.