HMT LLP advised Business Growth Fund (‘BGF’) on their investment in award-winning laser, pyrotechnics and special effects specialist ER Productions.
Founded in 2007, by Marc Webber and Ryan Hagan, ER Productions leads the industry — with its expertise in designing and delivering cutting-edge laser and SFX solutions. The company’s specialism in delivering complex, large-scale SFX shows has made it a long-term partner of choice for some of the world’s most recognised and high-profile events and artists.
Headquartered in Dartford (UK), ER Productions also has a strong international footprint, with offices in the US, Spain, Australia and Saudi Arabia. It’s worked for artists including Dua Lipa, Ed Sheeran, Metallica, MUSE, Pete Tong, Robbie Wiliams, Fatboy Slim, Backstreet Boys, Katy Perry and Swedish House Mafia. The company has also supported large events and festivals, such as Glastonbury, Soundstorm Festival, Eurovision and the London 2012 Olympics.
Co-founders Webber and Hagan are taking on capital investment from BGF to support their growth plans, both organically and via acquisition, to further cement ER Productions’ market leadership. The pair will remain majority shareholders in the business and will continue to lead their team, which is now approaching 110 talented individuals, across its five offices.
HMT undertook financial due diligence on this transaction.
“We are delighted to have completed our investment into ER Productions, and thoroughly enjoyed working with the HMT team throughout the process. They provided high-quality and thorough insight focussed on the key value drivers, and we look forward to working with Paul and team again in the future.”
– Chris Morgan, Investor at BGF
“We are delighted to have advised BGF on their investment in ER Productions. With BGF’s support ER Productions will be able to further expand its global presence and we look forward to working with them again in the future.”
– Paul Read
