Metric Capital-backed JGG bolts on Troika Talent Agents

Investec Growth & Acquisition Finance provided the funding package to support the transaction.

The Investec team previously supported the management buyout of JGG in 2014 by pan-European private capital fund manager Metric Capital.

No management changes are planned, and the company will continue to be run by the existing executive team, while the partners will join JGG's shareholder and operational boards.

Previous funding
In July 2009, Gresham Private Equity backed the management buyout of five of AIM-listed Formation Group's nine businesses, in a deal valued at £20.75m, creating the newco James Grant Group.

Gresham provided the entire sum of the funding to complete the transaction, using its recently launched debt underwriting product. The private equity firm won the deal because of its ability to underwrite the entire transaction without any third-party debt, according to unquote" data.

In October 2014, Metric Capital Partners invested an undisclosed amount of capital to buy JGG from Gresham. Management also invested in the deal, which is believed to have involved total funding of around £45m, according to unquote" data. Investec provided senior debt in the transaction.

Company
Founded in 2005 and headquartered in London, Troika is a talent management company with a focus on TV and film talent. The firm's clients include actor Michael Fassbender, Lena Headey and Nick Frost, Juno Temple and Daniel Kaluuya.

Established in 1984, JGG provides management and professional services for television, social, music, literary and sports clients. Based in London, the company has an additional office in the US.

People
Investec Growth & Acquisition Finance – Shaun Mullin (banker).
James Grant Group – Neil Rodford (CEO).

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