Evolutions has increased its presence in Bristol by buying the trade and key assets of Big Bang Post Production, securing 14 jobs in the process.
The deal involves Big Bang’s picture editing and finishing equipment and infrastructure, its on-going projects and all of its full-time staff become part of Evolutions Bristol.
At the same time Evolutions has taken on leases for two of the four buildings in St Paul’s Road in Bristol that were occupied by Big Bang.
This gives Evolutions a total of four facilities in the city.
The purchase of the Big Bang assets and the transfer of staff and trade to Evolutions was completed on 16 March 2016 via a pre-pack administration deal handled by Jonathan Williams, a partner at the business consultancy Bishop Fleming.
Broadcast understands that Big Bang’s creditors are limited to HMRC, the landlord of one of the company’s rented buildings and founder Tim Bolt.
No connected party was involved in the deal and Bolt is not set to be a director of Evolutions.
Founded by colourist Bolt in 2004, Big Bang specialised in providing picture editing and finishing services to natural history, factual, arts and children’s productions.
Evolutions managing director Simon Kanjee said: “When it became clear that there was an opportunity to add the skills and expertise of Tim and his team to Evolutions Bristol we jumped at it.
“The deal provides continuity for Big Bang’s staff, clients and projects, adds significant talent to Evolutions Bristol’s already extensive capabilities and widens our remit to include natural history programming. It’s a great conclusion for everyone.”
Big Bang credits include Earth’s Greatest Spectacles (BBC2), Gorilla Family and Me (BBC2), Britain’s Outlaws (BBC4) and Harvest 2015 (BBC2).
Bolt said: “Over the past 12 years we’ve done some fantastic work, at an incredibly high standard, on some amazing series. And we will continue to do so as part of Evolutions Bristol. We believe that the joint company will be better and stronger than the two businesses would be if they were operating separately.”
The Big Bang Post Production name and brand will be retired following the sale.