Aberdein Considine supports AVC Immedia MBO | Aberdein Considine Legal

Aberdein Considine supports AVC Immedia MBO


Client: AVC Immedia

Audio visual brand communications agency AVC Immedia (the Company) has announced the successful completion of a management buyout (MBO).

The Company, which is a fully integrated media and communications agency, specialises in audio visual communication for brands through the creation and delivery of Audio, Visual and AV solutions and operates in a variety of sectors including automotive, banking, oil and gas, education, renewables, hospitality, leisure and retail.

The agreement sees the senior management team of Ross Penney, John Trevorrow, Euan McMorrow and Keith Robertson (the Management Team) along with investor Mark Horrocks acquire the entire issued share capital of the trading company Immedia Broadcast Ltd from its AIM listed parent company Immedia Group Plc.

The transaction sees no change to the current trading business of the Company, with all assets and trading relationships having been acquired as part of the deal.

All employees will be remaining with the Company which has offices in Newbury, Aberdeen and Houston, Texas.

What the client said.....

I’m thrilled to lead the management team in the buyout of Immedia Broadcast Ltd and would like to thank Immedia Group plc. I’d also like to extend my thanks to both Ritchie Whyte and Danny Anderson for their energy and expertise, and for helping us to navigate through what was a complex and detailed process

Ross Penney, CEO, AVC Immedia

Ross Penney, CEO