An Ottawa-based private equity firm is buying MindGeek, the owner of Pornhub and other adult entertainment properties.
The terms of the purchase by Ethical Capital Partners are not being publicly disclosed.
MindGeek, which was founded in Montreal in 2004 and is now headquartered in Luxembourg, includes a large portfolio of adult entertainment properties.
It has been the subject of several high-profile lawsuits in recent years, in light of media reports alleging that its website Pornhub published sexually exploitative videos.
One California lawsuit representing 50 women, including several Canadians, said that Pornhub knowingly released and profited from videos of them that were published without their consent. The suit was settled
