9:50:37 PM PDT - Friday, March 31st, 2023

Pornhub owner MindGeek sold to private equity firm  

By Editor - Thu Mar 16, 2:34 pm

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MindGeek — owner of several adult entertainment sites including Pornhub, Brazzerz and Redtube — was acquired by a Canadian private equity firm, Ethical Capital Partners (ECP). ECP, which was formed last year, did not disclose the terms of the deal. “In MindGeek, we have identified a dynamic tech brand that is built upon a foundation of trust, safety and compliance, and with ECP’s resources and broad expertise spanning regulatory, law enforcement, public engagement and finance, we have a unique opportunity to strengthen what already exists,” said ECP founding partner Fady Mansour in a statement. The acquisition follows a rocky few years for the porn giant. MindGeek’s CEO Feras Antoon and COO David Tassillo both departed from the company in June 2022. MindGeek also is currently in the midst of multiple   lawsuits  that allege it has knowingly profited off of child sexual abuse material (CSAM)

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Pornhub owner MindGeek sold to private equity firm

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