Evolutions buys Nats Post Production

Evolutions has announced that it has purchased Soho based facility, Nats Post Production for a seven-figure sum.
Effective immediately, Evolutions will take over the running of their Soho Square and Oxford Street sites whilst Nats' Directors / Shareholders Charlie Leonard and Chris Reynolds will move on to pursue other projects. With no redundancies planned, all of Nats' seventy strong staff will remain in place and both companies' clients will be unaffected by the purchase.
Evolutions and Nats both offer full postproduction but the acquisition will bring together a much broader mix of technology and services than either currently offer alone. With upwards of eighty suites the purchase will make the company the largest independently owned facility in Soho.
The four sites (Soho Square, Berners St, Oxford St and Wells St) owned by the group will continue to work as stand-alone locations with offline, online and audio capabilities at each. However, the group will now also offer a full HD service with Symphony and DS Nitris edit suites, Smoke HD graphics compositing suites, Baselight and Pogle HD Grading, a Spirit Telecine, DVD department, a dedicated Design arm including 3D and a large investment in Apple Final Cut Pro.
Heads of Departments from both companies will work together to ensure their commitment to service and quality is met despite the company doubling in size. One immediate promotion will see Jo Manser, currently Head of Post Production at Nats, become Head of Post Production across the group.
Simon Kanjee, Managing Director, commented: "For some time now we have been looking for the right acquisition to provide the expansion we need to meet a growing client demand. Nats are the perfect fit, working in a similar space but in slightly different markets. Our strength in Light Entertainment will be complemented by Nats' experience in Documentaries and Factual / Arts. We are of course looking to gain market share but the acquisition is about much more than turnover. The benefits of an increased number of suites and expanded technology base are great but I believe the collective pool of talent is second to none. We are very excited about the coming weeks and are looking forward to the future as we continue to expand."
Charlie Leonard added: "We have spent many years growing Nats and whilst it will be very hard to say goodbye it is time for us to move on to new things. We know that the company will thrive under Evolutions and wish everyone good luck for the future."
(GB)