
Two add-ons for Gresham-owned James Grant
Gresham's portfolio company James Grant Group (JGG) has acquired accountancy practice S Crowther & Co and PR firm Franklin Rae Communications.
The deal was funded entirely from JGG's balance sheet. Including the latest two transactions, JGG has bought a total of seven companies in the last two years.
Company
Cheshire-based JGG includes James Grant Media, O J Kilkenny & Co, Proactive Sports Management USA, Formation Sports Capital and Proactive Sports Management Ltd. The group provides management and professional services to the sports, music and entertainment sectors. Clients of the business include Ant & Dec, Bryan Adams, Lily Allen and Sir Bob Geldof. JGG employs around 64 people.
Manchester-based S Crowther & Co is an accountancy practice. The business will merge with JGG's division OJK, which offers accounting, taxation and royalty examination to the music, sports and broadcast media industries.
Franklin Rae focuses on media and entertainment PR and is based in London. Its clients are content creators, new media companies, broadcast technology specialists, licensors, broadcasters, distributors, advertising agencies, publishers and professional service providers. The PR specialist will retain its current name and branding.
People
Andy Marsh and Dan Hatcher are partner at Gresham Private Equity.
Advisers
Company - DLA Piper, James Kerrigan (Legal)
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