Gresham-backed JGG buys Industry Media
James Grant Group, a provider of professional services to the sports, music and entertainment sectors backed by Gresham, has wholly acquired Industry Media, a business consultancy for the television industry.
Lloyds Bank provided debt to support the transaction.
The bolt-on is the ninth acquisition completed by JGG since Gresham acquired the firm in 2009 in a deal valued at £20.75m.
Company
Based in London and founded in 2004, Industry Media provides business consultancy to independent television production companies.
The company will operate in the media services division of JGG and retain its current name and branding.
People
Dan Hatcher is a partner at Gresham. Simon Vyvyan is the founder of Industry Media.
Advisers
Acquirer – DLA Piper (Legal).
Company – Spectrum Corporate Finance, Ian Milne, Simon Davies (Corporate finance); Blake Lapthorn, Simon Treherne (Legal).
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