Espresso is looking for a buyer, EducationInvestor
Espresso sells its library of educational film clips to schools in the UK, US and Canada. Its current shareholders include ITN, Channel 4 and private equity firm Beringea's Proven VCT.
But now market sources say that at least one of its owners is looking for an exit.
Espresso’s last set of results, for the year ending 31 July 2011, show it has a turnover of £13.4 million (2010: £13.3 million). Its gross profit stood at £7.8 million, but it made an operating loss of £550,000.