Browne Jacobson’s private equity team has advised NVM Private Equity (NVM) and the management of international marketing and communications group MSQ Partners on LDC’s investment into the company.
Browne Jacobson’s private equity team has advised NVM Private Equity (NVM) and the management of international marketing and communications group MSQ Partners on LDC’s investment into the company.
Browne Jacobson private equity partner Gareth Davies (alongside Gavin Cummings and associates Sam Sharp and Sian Harrison) provided legal advice to NVM and MSQ’s management whilst Simon Nicholls and Ravi Ghedia of GP Bullhound provided corporate finance advice. Grant Thornton (Dan Hartland) provided tax advice to management.
The deal will see LDC’s John Clarke and Jonathan Bell join the Board of MSQ as Non-Executive Directors.
MSQ Partners was established in 2011 and specialises in advertising, public relations, design, brand strategy, direct and digital marketing and research across its six creative agencies including The Gate, Smarts, Stack, twentysix, Holmes & Marchant and Stein IAS.
Operating from offices in 12 global cities, the Group’s major blue chip clients include many of the world’s leading brands including BP, Diageo, KPMG, Kraft, Procter & Gamble, RBS, Unilever Vodafone and Volvo.
Peter Reid, CEO and Co-Founder of MSQ Partners, said:
“Our team has worked incredibly hard over the past four years within their agencies and collectively to strengthen the range and depth of our individual capabilities and to refine our offer to clients. We maintain a laser-like focus on quality and creativity and it is only with our employees’ and clients’ on-going support, and that of the team at NVM, that we have been able to deliver double digit annual growth over the period.”
“Our new partnership with LDC will enable us to embark on the next phase of our growth journey, giving us the resources to further invest in our individual agency’s capabilities and accelerate the roll-out of our multi-disciplinary model internationally, whilst retaining the employee-ownership ethos that has been key to our success. The team at LDC understands our vision, and with their financial firepower and strategic support they are the perfect partner to help us reach our long-term growth objectives.”
“The Browne Jacobson team’s around-the-clock specialist and commercial counsel and advice was invaluable in getting this deal over the line.”
David Rolfe, Investment Partner at NVM, said:
“It has been a pleasure working with the MSQ management team and all the individual agencies over the last 5 years. The group has developed significantly and been repositioned during this time so it is perfectly placed to continue that journey. I wish Pete and the team all the best.”
Gareth Davies of Browne Jacobson added:
“It has been a pleasure working with NVM and the MSQ Management team and over 50 other shareholders across 3 continents to deliver this deal – which showcased our market leading PE practice in action executing a highly complex transaction.”
“With LDC’s investment, a first rate management team, full-service marketing communications offering and international footprint, MSQ is perfectly positioned to take advantage of the growth in the global digital marketing sector.”
In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.
Law firm Browne Jacobson has appointed former Vice President and Chief Planning Officer (CPO) of Aston Martin Lagonda, Nikki Rimmington as its first Non-Executive Director (NED) of its Manufacturing & Industrials sector strategy board.
In a judgment handed down yesterday the Supreme Court has affirmed that a so called “creditor duty” exists for directors such that in some circumstances company directors are required to act in accordance with, or to consider the interests of creditors. Those circumstances potentially arise when a company is insolvent or where there is a “probability” of an insolvency. We explore below the “trigger” for such a test to apply and its implications.
Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.
Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.
The Supreme Court has unanimously dismissed the BTI v Sequana appeal and reviewed the existence, content and engagement of the so-called ‘creditor duty’; being the point at which the interest of creditors is said to intrude upon the decision-making of directors of companies in financial distress.
Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.
Browne Jacobson’s corporate finance lawyers have advised leading mid-market private equity firm, LDC and management on the sale of specialist managed IT services provider, Littlefish to Bowmark Capital.
Browne Jacobson’s private equity (PE) dealmakers have advised Palatine Private Equity backed CTS Group (Construction Testing Solutions Limited) on its acquisition of In Situ Site Investigation, a market leader in Cone Penetration Testing and Pressuremeter techniques and ground investigation services.
There are clearly challenging macro-economic factors at play but at Browne Jacobson we continue to see good levels of transactional activity with certain sectors being particularly buoyant: healthcare, financial services, energy & infrastructure and tech.
Browne Jacobson continues to see good levels of transactional activity with certain sectors being particularly buoyant: healthcare, financial services, energy & infrastructure and tech.
Browne Jacobson’s Manchester based corporate lawyers have advised tech enabled shipping and logistics service provider, World Options on its majority buyout by Italian headquartered MBE Worldwide (“MBE”) for an undisclosed sum.
Browne Jacobson’s corporate tech lawyers have advised specialist bicycle insurer Laka on an investment from Porsche Ventures (a venture capital division of Porsche AG), bringing its series A investment round to a total of $13.5m.
Browne Jacobson’s corporate dealmakers have advised leading property consultancy, Fisher German, on its merger with property consultants Matthews & Goodman in a move that will see the joint businesses now approach a turnover of almost £60m.
Browne Jacobson have successfully advised leading mid-market private equity firm LDC on its investment into global programmatic advertising company, Blis. The transaction will support Blis’ international growth strategy.
Browne Jacobson’s corporate finance team is celebrating after winning the prestigious “Corporate Law Firm of the Year’ award at this year’s East Midlands Dealmakers Awards.
Browne Jacobson’s corporate dealmakers have advised Coniston Capital on its management buyout (MBO) of bespoke kitchen design manufacturers Harvey Jones for an undisclosed sum.
Browne Jacobson’s banking & finance lawyers have advised HSBC UK Bank plc on the financed management buy-out of Derby-based bicycle supplier and distributor, Moore Large for an undisclosed sum.
The government has recently published the Corporate Transparency White Paper – it follows previous consultations on improving the quality and value of financial information on the UK companies register, powers of the registrar and implementation of the ban on corporate directors, which were published in 2020.
