Troy Studios
Troy Studios operates Ireland's largest film and TV production facility in Limerick, with four sound stages, a 5-acre backlot, and full production support infrastructure. It rents facilities to international streamers and studios (Apple TV+, Netflix) on multi-year contracts, leveraging Ireland's 32% Section 481 tax credit.
- Company typePrivate
- Founded2017
- HeadquartersLimerick, Ireland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Troy Studios does
Troy Studios is a privately held film and television production studio facility headquartered in Castletroy, Limerick, Ireland. Spanning 26 acres, it operates Ireland's largest studio complex with 350,000 sq. ft. under one roof, comprising four sound stages (A, B, C, D) totaling 100,000 sq. ft. plus a specialist T Stage for green/blue screen work and a 5-acre backlot. Supporting infrastructure includes workshops, props storage, costume rooms, dressing rooms (including a star dressing room), production offices, hair and make-up rooms, laundry, and 623 car/30 truck parking spaces. Recent productions include Apple TV+'s Foundation series (described as Ireland's largest ever production, employing 500+ people) and Netflix/NBC Universal's Nightflyers.
The business rents stages, backlot, and support infrastructure to international film and TV productions on multi-year, quote-based contracts, with pricing varying by stage size, duration, and requirements. Go-to-market is direct enterprise sales to production companies, streaming platforms, and studios, leveraging Ireland's Section 481 film tax credit (32% on eligible ATL & BTL spend, €125M/project cap, no annual limit), proximity to Shannon International Airport (35 minutes), and a regional crew base supported by 3,700 creative-studies students at local Higher Education Institutions. Marketing channels include the corporate website (troystudios.ie), LinkedIn, X, YouTube, and Facebook, plus earned media in Irish press.
The company was founded in 2017 by private investors including Joe Devine (Olcott Entertainment), Siún Ní Raghallaigh, and Osmond Kilkenny. A €30 million investment programme added the €13 million D Stage in December 2019, making Troy Studios Ireland's largest facility. On 13 August 2021, the studio was acquired by a joint venture of Hackman Capital Partners and Square Mile Capital Management (The MBS Group), integrating it into a global portfolio of 360+ sound stages across 65+ locations. Elaine Geraghty was appointed Chief Executive of both Troy Studios and Ardmore Studios post-acquisition.
Troy Studios firmographics
Firmographics- Name
- Troy Studios
- Legal name
- Troy Studios
- Website
- https://troystudios.ie
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Troy Studios operates Ireland's largest film and TV production facility in Limerick, with four sound stages, a 5-acre backlot, and full production support infrastructure. It rents facilities to international streamers and studios (Apple TV+, Netflix) on multi-year contracts, leveraging Ireland's 32% Section 481 tax credit.
- Ownership category
- akta.pro rank
Troy Studios industry classification
Industry- Product category
- Film and Television Production Facilities
- NAICS
- Motion Picture and Sound Recording Industries (512)
- SIC
- Services-Allied To Motion Picture Production (7819)
- akta.pro primary industry
- Studio Campus / Production Facility Operators (MPADAIAC)
- akta.pro secondary industries
- Soundstage & Stage Rental (Film/TV) (MPADAIAA), Backlot & Exterior Lot Rental (MPADAIAB), Production Office Space & Support Facilities (MPADAIAD)
Keywords
Where Troy Studios is headquartered
LocationHeadquarters
- HQ city
- Limerick
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
Troy Studios business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Studio Facility Rental: Rental of sound stages, production offices, and support facilities to film and television production companies. Revenue generated through long-term facility leases for major productions.
- Production Support Services: Additional revenue from supporting services including costume facilities, hair and make-up rooms, workshops, and on-site parking (623 car spaces, 30 truck spaces)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Studio facility rental - quote-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Troy Studios product offering
Product offeringCore offering
Troy Studios rents four large sound stages (A, B, C, D) and a smaller specialist T Stage totaling over 100,000 sq. ft., together with a 5-acre outdoor backlot and 250,000 sq. ft. of support buildings (workshops, costume rooms, dressing rooms, production offices, hair and make-up rooms, laundry, parking for 623 cars and 30 trucks). Services are sold to international film and TV production companies and streaming platforms seeking large-scale, internationally-standard production facilities in Ireland with access to the country's 32% film tax credit.
Product overview
Troy Studios operates as a single unified production facility offering four main sound stages (A, B, C, D) and a smaller T Stage for specialized work, totaling over 100,000 sq. ft. of stage space. The 350,000 sq. ft. facility also includes comprehensive production support infrastructure (workshops, costume, makeup, offices) and a 5-acre backlot. The facility is Ireland's largest film and TV studio complex.
Differentiator
Problem solved
Functional benefit
Products and services
- A Stage 30,814 sq. ft. (2,863 sq. mt.) sound stage with 43 ft. to grid and a further 12 ft. to gantry, available for rent to film and TV production companies.
- B Stage 17,685 sq. ft. (1,642 sq. mt.) sound stage with 43 ft. to grid and a further 12 ft. to gantry, available for rent to film and TV production companies.
- C Stage
Quantifiable outcome
- Ireland's largest production studio facility
- +2 more outcomes
Companies that use Troy Studios
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Troy Studios technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Troy Studios partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Film in LimerickcoreRegional film office for the Mid-West counties covering Limerick, Clare, and Tipperary. Promotes and supports filming in the region, runs training and production initiatives to develop local creative talent and crew.
Scale indicators9 records
Recent moves6 records
Expansion highlights4 records
Troy Studios competitors and assessment
Company assessmentBroad incumbents
- Warner Bros. Studios Leavesden: Major UK studio facility owned by Warner Bros. Discovery. Operates multiple sound stages and backlot, used for both Warner productions and third-party rentals. Comparable in scale of facility offerings to Troy, though embedded within a major studio owner's portfolio rather than an independent operator.
- Pinewood Studios: The UK's flagship film and TV studio complex, part of the Pinewood Group. Operates the largest studio footprint in the UK and is the historical anchor for major Hollywood and streaming productions shooting in Britain. Comparable as a large-scale international-standard studio facility competing for the same global productions as Troy, though with broader scale and longer heritage.
- Sunset Studios (Hackman / Blackstone): Major US studio portfolio (Sunset Studios Hollywood, Sunset Studios Atlanta, etc.) owned by Hackman Capital Partners and Blackstone — making it a sibling asset under Troy's parent. Comparable as a large soundstage facility operator and demonstrates the scale of the parent's network and where Troy sits within it.
Direct peers
- Sky Studios Elstree: New state-of-the-art studio complex developed by Sky (Comcast/NBCUniversal) in Elstree, UK. Operates multiple large sound stages purpose-built for high-end television production. Comparable to Troy as a modern soundstage facility attracting international premium TV productions seeking favorable UK tax reliefs.
- Ardmore Studios: Ireland's other major film and TV studio, located in Bray, County Wicklow. Now under the same Hackman Capital Partners / Square Mile Capital Management ownership as Troy Studios since 2021. Directly comparable in offering soundstages, production offices, and support facilities to international productions seeking Ireland's Section 481 tax credit.
- Shepperton Studios: Major UK film/TV studio acquired by a Blackstone-backed vehicle in 2023. Operates 14+ stages and is a leading competitor for high-end TV and feature productions in the UK. Directly comparable as a soundstage-and-support-facility operator targeting international and streaming productions, competing with Troy for bookings.
Regional players
- Cinecittà Studios: Italy's historic film studio complex in Rome, now operated by Cinecittà S.p.A. and used for major international productions including HBO's 'The New Pope.' Comparable as a soundstage facility operator in a competing Southern European hub with the Italian tax credit for film and audiovisual productions.
- Babelsberg Studio: Germany's oldest large-scale film studio, located near Berlin. Operates multiple sound stages and is a hub for international productions shooting in Germany under the German Film Fund (DFFF). Comparable to Troy as a soundstage-facility operator in a competing European production hub with national film incentives.
- Budapest Studios (e.g., Mafilm / Origo Studios): Hungary has emerged as a major European film/TV production hub, anchored by studios like Origo and Mafilm, supported by Hungary's 30% tax rebate. Comparable as a soundstage facility operator in a competing Central European jurisdiction with a strong film incentive and skilled crew base.
Emerging players
- Eastbrook Studios: New purpose-built film/TV studio in the UK opened by Hackman Capital Partners — i.e., a sibling asset under the same parent as Troy. Provides sound stages and support facilities for international productions, and represents an example of the parent's strategy of building new capacity that could compete with or complement Troy for European bookings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Troy Studios social profiles
Digital presenceTroy Studios financial estimates
Financial estimateRevenue estimate
Valuation estimate
Troy Studios leadership team
Management profileNumber of profiles
Profiles3 records
Troy Studios funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Troy Studios M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Troy Studios
What does Troy Studios do?
Troy Studios rents four large sound stages (A, B, C, D) and a smaller specialist T Stage totaling over 100,000 sq. ft., together with a 5-acre outdoor backlot and 250,000 sq. ft. of support buildings (workshops, costume rooms, dressing rooms, production offices, hair and make-up rooms, laundry, parking for 623 cars and 30 trucks). Services are sold to international film and TV production companies and streaming platforms seeking large-scale, internationally-standard production facilities in Ireland with access to the country's 32% film tax credit.
Is Troy Studios a public or private company?
Troy Studios is a private company. It is classified as private equity controlled and is currently operating.
When was Troy Studios founded?
Troy Studios was founded in 2017. It employs 1 to 10 people.
Where is Troy Studios based?
Troy Studios is headquartered in Limerick, Ireland, in the Europe region.
How does Troy Studios make money?
Two revenue lines are on record. Studio Facility Rental is the primary driver. The others are production Support Services.
Who are Troy Studios's main competitors?
Broad incumbents on record are Warner Bros. Studios Leavesden, Pinewood Studios and Sunset Studios (Hackman / Blackstone). Direct peers are Sky Studios Elstree, Ardmore Studios and Shepperton Studios. Regional players are Cinecittà Studios, Babelsberg Studio and Budapest Studios (e.g., Mafilm / Origo Studios). Eastbrook Studios is listed as an emerging player.
Does Troy Studios have an API?
No public API is recorded for Troy Studios.
What industry is Troy Studios in?
Troy Studios's product category is Film and Television Production Facilities. Its primary akta.pro industry code is MPADAIAC, Studio Campus / Production Facility Operators, with a secondary code of MPADAIAA, Soundstage & Stage Rental (Film/TV). Its NAICS code is 512 and its SIC code is 7819.