Westside Post Production Limited, with premises in London and Birmingham, specialises in television post-production, offering editing, grading, dubbing, online and offline. Following a challenging period for the business, the director had to make the decision to enter Administration.
Following the appointment of Joint Administrators, Westside’s trade and certain assets of the business were sold to two new companies set up by London-based business, Rapid Pictures.
The deal safeguards 15 jobs and ensures continuity of service for customers. The new business will continue to trade from the existing Westside premises.
Damian Webb, Restructuring Advisory Partner at RSM, said: ‘We are pleased to have completed this transaction within a tight timeframe, as it ensures continuity for customers and safeguard’s local jobs. We wish Rapid all the best for the future.’