EXCLUSIVE: Ireland Playhouse Studios plunged for the British post-production house in Lipsync difficulty, saving dozens of jobs in the process.
The Dublin -based Playhouse paid an undisclosed amount in the accounting firm Oury Clark for the assets of The brutalist Post house, we learned.
The deadline revealed in May that Lipsync had indeed deposited for the British version of the bankruptcy of chapter 11 in the middle of the brutal landscape of post-production companies after the pandemic and Hollywood strikes. Bear Clark took charge of Lipsync operations and worked for financial restructuring so that the post office can pay for creditors.
The Playhouse agreement ends as the process and means that Lipsync will not go in the same way as Technicolor, which has imploded earlier this year in one of the most spectacular business collapses in recent times.
The Lipsync brand will remain that the agreement retains a large part of Lipsync staff at work, although a non -disclosed number of roles is laid off. The company had around 70 employees, who risked redundancy during the bankruptcy process.
“In an industry where jobs disappear every week, we are happy that we were able to keep most of the people in jobs at Lipsync,” Peggy Caffety of Playhouse Group told Deadline. However, she added that Playhouse had always been forced to “make difficult choices”.
Focus Capital Partners acted as a business finance advisor in Playhouse. Ireland and the United States has managed the transaction and has also raised new capital for Playhouse Studios Parent Playhouse Group, which evolves its operations through the United Kingdom and Europe. Wallace’s business lawyer acted as legal advisers.
Playhouse is an Irish media production company focused on production, post-production and film and television financing. The company said that the acquisition of Lipsync would be a “cornerstone of the Playhouse group’s strategy aimed at building the most advanced production, post-production and content financing group in Europe.”
Playhouse installed the former managing director of Moliare, Mark Foligno as CEO, with Lorcan Kavanagh and Caffety appointed Director of income and chief of the farm, respectively. They will collectively direct the expansion plan.
Founded in 1986 and based in Soho, London, Lipsync has become well established in the post-production of images and sounds, visual effects and digital intermediate services. He worked on many winning films in Bafta and the Academy such as 2025 Oscar Best Picture Nominee The brutalist. Before that, he provided postal services to The father,, The queen And Three display panels outside Ebbing, Missouri Among others, and had also become active in the financing of the film.
The Director General Peter Hampden and the Norman Merry finance chief managed the company, who operated it through the parent company Gntlehorp Ltd. Merry died of cancer at the age of 63 earlier this month.
The acquisition by Playhouse of The Stored Company is involved while the Post Industry is fighting a continuous and harmful slowdown, the closure of Technicolor leading to huge job losses and Dneg by putting hundreds.
Today’s news is a bright point among chaos. In another example of green shoots, the staff of the Technicolor subsidiary, The Mill, has teamed up with Dream Machine Fx to launch Arc Creative, while the closure of Irish Biz Windmill Lane Pictures led to several of its executives in partnership with Molinare to train Elephant Goldfish, which we revealed earlier this month.
