The existing FMG management team, headed by chief executive Simon Berg, will continue to run the business and will retain "a significant stake in the company" following completion of the deal.

Commenting on the capital injection, Berg said: "This is a significant day for FMG. The new investment is a true recognition of our capabilities and our client relationships.

"Very exciting times lie ahead for us as we look for further growth and expansion."

The Islington-based production company said that the investment would enable it to accelerate the creation of new products and services, develop new technologies and expand globally.

FMG was unable to provide further comment at the time of writing.

IVFA was established in 1999 and currently has around $1.4bn under management across four funds.