RSS
Market and Sector Type: 
Media & Marketing

PR agency in private equity buy-out

Article Date:  Oct 20 2008

The Television Consultancy, a broadcast and digital PR agency, has been sold to private equity firm ISIS Equity Partners for £10 million.

The company retains its existing management team and plans to use the funding to support growth in its core television and radio markets, as well as expanding its online and digital offering.

Elaine Stern, The Television Consultancy’s CEO who co-founded the company in 1998, comments, ‘[This deal] allows us to maintain our independence, whilst giving us more resources to invest in talent and services.’

Richard Fetterman, a partner at advisory firm Livingstone which brokered the deal, says, ‘Despite all the negative talk regarding the economic outlook and the impact on the marketing services sector, the level of interest we received for [The Television Consultancy] illustrates that there remains strong demand for high-quality businesses in strategic niches.’

Comments 

There are currently no comments on this article

Sign up and get... /

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Convenient Fuel Management From TOTALCard

TOTALCard, the ITM Fuel Card of the Year 2009, offers you a first-class, convenient fuel management service to drive down your Car, Van or Truck costs. Accepted at over 3000 sites nationwide, we offer varied pricing structures and credit agreements to improve your cash flow. To find out more and get an expert from TOTALCard to contact you please click here.

Secure early payment for your unpaid invoices with Simply Business

Simply Business works with a carefully selected panel of the UK's leading factoring and invoice discounting providers. Find out your cash flow options in minutes, you could have 90% of your invoices paid in 24 hours. To find out more click here

Advice and strategic insights for CEOs and entrepreneurs

Receive free weekly news, advice and strategic insight for CEOs and entrepreneurs growing their businesses. Find out more or sign up today.

Research

  • Cash Shells Directory 2010

    A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape.

VCT Report 2010

Whether you are unfamiliar with the sector or an expert, the report offers you the most complete picture of the market ever produced.

Directors' Pay AIM 2009

What should an AIM company pay its CEO or FD?
What should a non-executive director or chairman expect to be paid?
What benchmarks should AIM remuneration committee members be using when
setting pay?

More

Events Calendar

Rosenblatt New Energy Awards 2011 - Nominations Now Open

24th February, Natural History Museum, Cromwell Road, London SW7 5BD

Investor AllStars 2010

23rd September, London Hilton, Park Lane

More

More News: Mergers & Acquisitions

LDC backs Mountain Warehouse buy-out

Lloyds’ mid-market private equity division LDC has backed the buy-out of the outdoor clothing and equipment retailer Mountain Warehouse.

Pyramid buys The Art Group

The Art Group, which supplies framed prints on behalf of museums and galleries such as the Tate, has been bought out of administration.

Barclays backs Allied Glass MBO

Mid-market investor Barclays Private Equity has acquired glass container maker Allied Glass in a £75 million secondary management buy-out (MBO).

More Media & Marketing: Mergers & Acquisitions

Inspired Thinking wins ISIS investment

ISIS Equity Partners has invested £3.2 million in marketing services company Inspired Thinking Group (ITG) to fund a 'transformational' acquisition.

Green light for Friends Reunited deal

Online information business Brightsolid has been given the official go-ahead for the acquisition of Friends Reunited Group for £25 million.

YFM backs Fishawack acquisition

Medical PR agency Fishawack Communications has made an acquisition in the US with backing from existing investor YFM.

Tottel sold to Harry Potter publisher

Matrix Private Equity Partners has sold law and tax publishing company Tottel to Bloomsbury, the publisher of the Harry Potter novels.

NVM heralds more CloserStill acquisitions

Private equity firm NVM has said it will back further acquisitions in the exhibitions and events industry for portfolio company CloserStill.

Advertisement

Related articles

Pyramid buys The Art Group

The Art Group, which supplies framed prints on behalf of museums and galleries such as the Tate, has been bought out of administration.

ISIS-backed Enotria in acquisition

Wine distributor Enotria, which is backed by venture capitalist ISIS Equity Partners, has bought Bath-based Great Western Wine Company.

Privet Capital buys Thermal Engineering

Hertfordshire-based Thermal Engineering, which makes components for aircraft engines, has been acquired by private equity firm Privet Capital.

Inspired Thinking wins ISIS investment

ISIS Equity Partners has invested £3.2 million in marketing services company Inspired Thinking Group (ITG) to fund a 'transformational' acquisition.

Poll

What perks do you offer staff?








Have your vote on current issues

People who read this also read

  • WPP seals double deal 

    London-based marketing communications group WPP has continued the expansion of its international networks by negotiating two deals in as many days in South Africa and Denmark.

  • Duke Street acquires Biomnis for €217 million

    Duke Street, the European mid-market private equity firm, has acquired Biomnis, a France-based provider of medical diagnostics, for a total consideration of €217 million (£174 million).

  • Abbey Protection agrees Accountax move 

    Legal insurance firm Abbey Protection has agreed to buy Accountax, an accountancy, tax and employment law consultancy. 

  • York Pharma seals wound care deal 

    A dermatology-focused pharmaceutical company has completed its second deal in a month as part of its plan to strengthen its position in the chronic wound care market. 

  • Brulines fired-up with petrol data deal 

    A technology company that develops systems to monitor drinks sold on draught in pubs and bars has moved into a new market following its latest acquisition.

Latest VC Deals

Latest Deal Zone deals
Company Type Date
Moonfruit VC Aug 2010
Duvas Technologies VC Aug 2010
Allied Glass VC Aug 2010
Amdega VC Aug 2010
Endeavors Technologies VC Aug 2010
Documetric VC Aug 2010
Vero Software VC Aug 2010
Orthos VC Aug 2010

Active Advisers: Adviser

Active Advisers
Company Name Tel
Rawlinson & Hunter Bob Drennan 020 78420 2000
Galileo Fund Services Richard Bolton 01624 692 600
Buckingham Corporate Finance 0207 798 2840
BTG McInnes Corporate Finance +44 113 245 4965
SVS Securities 020 7638 5600
IAF Securities 020 7447 7400
City Equities Andrew Thacker 020-7489 5500
The Quinn Partnership 020-7194 8140
Smith Cooper 01332-332 021
     

White Papers

"The Green University" Blossoms with HP Planet Partners, HP PurchasEdge

Learn how an environmentally committed university system reaps environmental, cost benefits with HP Planet Partners, HP PurchasEdge.

Better Roads

Serves the information needs of governments and construction contractors involved in Federal, State, County, City and Township highway, road and bridge construction, winter maintenance, roadside and vegetation management and other highway-related projects.

Blackboard at the University of Kentucky

Learn valuable tips and tricks for the successful deployment and optimization of Blackboard and other applications using F5.

More