Corporate Finance Deal Announcement: Altavia
We are delighted to announce that our award-winning corporate finance team has advised Stuart Becker, Russell Langridge and Dale Perry, the shareholders of HRG Group, on the sale of a majority stake to Altavia, which operates in 23 countries in Europe and Asia providing retail communications to some of the world’s most important brands and retailers. Stuart, Russell and Dale have retained a significant minority stake in the business.
HRG is one of the most progressive brand design, communication and marketing agencies in the UK, focused on retail and shopper marketing. The multi-award winning independent agency specialises in seamless creative thinking, in the aisle and out-of-store. Its visibly different approach is a blend of informed strategy, actionable insight, shopper inspired design and precise implementation. The result is a more effective brand performance in any retail environment.
Our corporate finance deal management advice was led by managing director Laurence Whitehead and director, Craig Chamberlain. Our team worked closely with all parties to the transaction, including incumbent lawyers Howes Percival, led by partner Gerald Couldrake.
The shareholders commented:
“We appointed MHA MacIntyre Hudson’s as we wanted to make sure that we were aligned with a team who fully understood our business, our objectives and ultimately a team who we felt we could trust and enjoy working with. We worked closely with both Laurence and Craig during the whole sale process and they provided excellent advice throughout the negotiations and helped us to secure the deal we wanted. We have known Laurence and his team for many years and would not hesitate to recommend them.”
“It was a pleasure for me and my team to advise Stuart, Russell and Dale on this exciting transaction. The fit with Altavia is undoubtedly a good one and we are confident that the combined entities will be very successful over the coming years. We wish them all the best in their future endeavours.”
If you would like to know more about this deal or how we can assist you, your clients or your contacts on corporate finance or strategic planning matters, then send us an enquiry to arrange an initial no-obligation meeting.