Mindgeek is a private company, but its ownership is somewhat complex. The company was founded by FélixFournier, Sébastien Provost, and Jonathan Lévy in 1998.
Mindgeek's ownership is held by a group of private investors, including Fournier, Provost, and Lévy. They have managed to keep the company's ownership structure relatively private, making it difficult to determine the exact number of shareholders.
Fournier, Provost, and Lévy are the key individuals behind Mindgeek's success, and their leadership has played a significant role in the company's growth and expansion.
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Acquisition History
MindGeek, the parent company behind Pornhub, has had its share of changes in ownership.
The company was acquired by a Canadian private equity firm called Ethical Capital Partners (ECP) for an undisclosed amount. This deal was announced in a statement by ECP.
ECP was formed just last year, and its resources and expertise will be used to strengthen MindGeek's foundation of trust, safety, and compliance.
Curious to learn more? Check out: Mindgeek Lawsuit
The acquisition follows a rocky few years for MindGeek, with its CEO and COO departing in June 2022, and the company facing multiple lawsuits alleging it profited from child sexual abuse material.
MindGeek has taken steps to address these concerns, removing all non-verified content from its platform by December 2020 and requiring users to verify their identity before appearing in videos.
The company's trust and safety program includes moderation practices that require human moderators to manually review all uploads.
The acquisition by ECP has been seen as a way to further strengthen MindGeek's commitment to fighting illegal online content.
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