UK - Apax loses stake in Streetbroadcast

Apax and Consensus Business Group acquired the company in 2003 for an undisclosed sum. In 2004, Apax increased its stake by an additional £3m alongside Consensus.

Founded in 2001, Streetbroadcast sells advertising space for big-format illuminated posters on specially engineered lamposts across the UK. It was reported that 20 of 29 staff were made redundant during the administration process.

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