Mediapro acquires the Tres60 group

The agreement, subject to the authorization of the National Markets and Competition Commission, provides for the incorporation of Videoreport and Telson, among others, into Mediapro.

Mediapro and a subsidiary of the venture capital fund H.I.G have reached an agreement to purchase the Tres60 group, specialized in the provision of technical services. The agreement, subject to the authorization of the National Markets and Competition Commission, provides for the incorporation of Videoreport and Telson, among others, into Mediapro. The Tres60 group currently has around 550 professionals with a notable presence in Madrid, the Balearic Islands and Asturias.

As a result of this integration, Mediapro consolidates its strategic areas from the production of audiovisual content to its distribution, in addition to reinforcing its fleet of mobile units, post-production services, television sets, outsourcing of services on various television channels, continuity, lighting and audio services.

Mediapro is the largest audiovisual services company and content producer in Spain for more than twenty years. With headquarters in 34 cities on 4 continents, it covers all genres, from fiction, current affairs and entertainment programs and non-fiction film projects. Among his latest projects is the co-production of the series “The Young Pope” directed by Paolo Sorrentino.

The Tres60 group is a group specialized in all types of audiovisual production and post-production and channel play-out services. It offers comprehensive coverage for any audiovisual demand from television networks, film and television production companies, advertising, large advertisers, public institutions and companies.

As for the multinational venture capital company H.I.G., it manages about 20,000 million euros of capital. Headquartered in Miami with offices in other US cities, as well as international subsidiaries in London, Hamburg, Madrid, Milan, Bogotá, Paris, Rio de Janeiro and Mexico City, H.I.G. is specialized in financing and providing capital to small and medium-sized companies, applying a flexible strategy, focused on the operational level and added value.