Gresham-backed James Grant Group acquires Industry Media
Gresham-backed James Grant Group, a provider of management and professional services to the media, music and sports sectors, has acquired Industry Media, a business affairs consultancy for the television industry.
This is the ninth acquisition completed by JGG since Gresham backed its management buyout in August 2009.
Industry Media, founded by Simon Vyvyan in 2004 and based in London and Winchester, provides a proactive business affairs service to independent television production companies. It further complements JGG’s existing proposition which includes talent management, brand consultancy, public relations, digital, intellectual property development and exploitation, live events, literary representation, media and sports finance, accountancy and voiceover services. The company will sit within the media services division of JGG, retaining its current name and branding.
This latest acquisition follows JGG’s move in June to partner with EMI Music Publishing to launch the James Grant Music Library on EMI’s PLAY platform.
Dan Hatcher (pictured), partner at Gresham, says: “This is a fantastic acquisition for JGG and represents the addition of another market leading business to the group. The success of the buy and build strategy and the ability of the business to establish ground-breaking deals such as that agreed with EMI are a fantastic example of how the business continues its growth strategy.”
David McKnight, non-executive chairman of the media division at JGG, says: “Industry Media will make a strong addition to the portfolio of the James Grant Group. Industry Media is the market leader in the provision of strategic business advice to the television production sector and so represents an ideal partner for us. We look forward to working with Simon and his team to enhance the services they offer their range of client companies, which include some of the biggest names in production.”
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