Facilities by ADF acquires Location One

Facilities by ADF – which provides mobile make-up, costume and artiste trailers, production offices, mobile bathrooms, diners, school rooms and technical vehicles – has acquired Location One.

Location One hires generators, water bowsers, lighting equipment, environmentally friendly battery-stores to TV and film shoots, so provides complementary services to Facilities by ADF.

The two companies have a long history of working together, which began in 2008. They have previously worked together on The Crown, Top Boy, Lazarus, Becoming Elizabeth, Embankment and My Lady Jane.

Following the acquistion, Location One’s executive management, led by founder and MD Crispin Hardy, and other employees will be joining the group.

Total consideration for the acquisition is £8.86 million, with 50% of the consideration payable in cash on completion, 30% payable in cash equally over three years, subject to EBITDA performance conditions, and 20% payable in ADF ordinary shares and subject to a 12-month lock in.

The cash consideration will be funded from ADF’s existing cash resources.

Facilities by ADF recently opened a production hub at Pioneer Film Studios in Glasgow and has also expanded its Bridgend office. The company expects its fleet size to hit 600 by the end of this year and 700 by the end of 2023.

Marsden Proctor, CEO of Facilities by ADF, said: “Facilities by ADF has worked with and admired Crispin and his team at Location One for many years as we have a long and excellent track record of working together on productions across the UK. With both businesses committed to providing high-quality equipment and customer service levels, along with having similar cultural values and impressive sustainability credentials, we are particularly excited by the strategic fit of the two organisations.

“This acquisition will enable us to provide the very best services the industry has to offer under one roof, as the UK continues to experience an increasing influx of inward investment and production and as we see the demand for content reaching record levels.”

Crispin Hardy, founder and CEO of Location One, added: “By joining forces with Facilities by ADF, we will be capable of bringing a compelling and expanded offering to the UK film and production industry at a time when demand for our products is at an all-time high.”