Pornhub Owner MindGeek Sold to Canadian Private Equity Firm

Last Update: March 17, 2023, 05:26 AM IST

MindGeek also has Brazzers and Redtube.  (Image: Pornhub Twitter)

MindGeek also has Brazzers and Redtube. (Image: Pornhub Twitter)

The acquisition comes after the departure of MindGeek CEO Ferus Antoon and COO David Tassilo in June 2022.

MindGeek – the owner of several popular adult entertainment sites including Pornhub was acquired by Ethical Capital Partners (ECP), a Canadian private equity firm.

The decision to acquire MindGeek was announced by ECP in a statement released on March 16. MindGeek is a tech company that manages some of the world’s most popular adult entertainment platforms.

Apart from Pornhub, MindGeek also owns the likes of Brazzers and Redtube.

“At ECP, we seek innovative and ethically driven companies that operate on the frontier of new, evolving industries. At MindGeek, we’ve identified a dynamic tech brand built on a foundation of trust, security and compliance.” and with ECP’s resources and extensive expertise spanning regulatory, law enforcement, public engagement and finance, we have a unique opportunity to strengthen our already present,” Fadi Mansour, founding partner of ECP, said in a statement. said in.

According to a TechCrunch report, the acquisition follows the departure of MindGeek CEO Ferus Antoon and COO David Tassilo in June 2022.

The report states that the company is currently in the midst of several lawsuits alleging that it knowingly profited from child sexual abuse material (CSAM).

In its statement, ECP listed several policies in MindGeek’s trust and safety program, including its moderation practice, which requires human moderators to manually review all uploads.

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