https://www.theglobeandmail.com/busi...ital-partners/
MindGeek, the parent company of adult entertainment site Pornhub, is being acquired by an Ottawa-based private equity firm in a deal that will see the complete exit of the pornography company’s controversial long-time owners and majority shareholders – Feras Antoon, David Tassillo and Austrian investor Bernd Bergmair.
Ethical Capital Partners, a newly formed private equity company set up by criminal defence lawyers and a former law enforcement agent with ties to the Canadian cannabis industry, announced Thursday that it had bought MindGeek in its entirety, which includes a large portfolio of adult entertainment producers and distributors beyond just Pornhub.
ECP did not disclose how much it paid for MindGeek but said that, alongside unnamed international investors who helped fund the deal, it now owns 100 per cent of the company’s shares.