Investec Growth & Acquisition Finance (GAF) has provided a funding package to support the merger of Troika Talent Agents and James Grant Group (‘JGG’), a provider of management and professional services to the sports, music and entertainment sectors.
The GAF team previously supported the management buyout of JGG in 2014 by Metric Capital, a pan-European private capital fund manager that invests alongside management teams to support their strategic growth plans.
The deal with Troika was JGG’s fourth transaction of 2017. GAF has previously supported the activity with Deckstar, 10 Management and Top Marque Sports during the year.
London-based Troika was founded in 2005 as a talent management company with a focus on TV and film talent. Clients include Michael Fassbender, Lena Headey and Nick Frost, Juno Temple and Daniel Kaluuya, among others. The business will continue to be run by the existing executive team and the partners will join JGG’s shareholder and operational boards with immediate effect.
JGG’s clients include Steve Aoki, Ant and Dec, Louis Tomlinson, Travis Barker, Holly Willoughby, Jozy Altidore, Nicole Guerriero, Reggie Yates and James Arthur. London-based JGG’s 360 model provides clients with a one-stop shop for management and professional services across accountancy, legal, social media, contract negotiation and strategic career planning.
Shaun Mullin at Investec Growth & Acquisition Finance, says: “We have created and provided a tailored funding structure which is well suited to the development of this growing business. We know the client and its ambitions very well, having worked with them since the 2014 buyout led by Metric, and having supported other acquisitions for them this year. We look forward to following this exciting business journey.”
Neil Rodford, CEO at James Grant Group, says: “We were happy to work with Investec once again on our recent merger with Troika. Investec are familiar with our Group and have shown a high level of professionalism when supporting us in the past. Their skill and expertise has shown through once again throughout our recent alliance with Troika and we look forward to working with them again on any future business developments.”