Lawrence Stephens has successfully acted for the owners of production company Production Plus Limited in relation to a sale to Shooting Partners Holdings Limited, part of audio-visual technology group, Anna Valley Ltd. Hertfordshire-based Production Plus Read more...
Lawrence Stephens has successfully acted for the owners of production company Production Plus Limited in relation to a sale to Shooting Partners Holdings Limited, part of audio-visual technology group, Anna Valley Ltd.
Hertfordshire-based Production Plus Limited is a full-service production company that delivers logistical, digital, technical and creative event solutions to clients across the corporate, hospitality and events industries as well as private clients. In addition to the facilities and extensive expertise of the business’s 50-strong workforce, buyer Shooting Partners Holdings Ltd. has also acquired its large collection of state-of-the-art AV and technical equipment.
Lawrence Stephens first began working with Production Plus seven years ago when the firm’s Corporate & Commercial team acted for Andy Miller and Julian Rees in successfully completing a management buy-out of Production Plus. Since then, Senior Director Jeff Rubenstein has built a strong working relationship with the business’s former owners, Andy and Julian, and has supported them at every stage throughout the lifecycle of their business.
Jeff Rubenstein led a team from Lawrence Stephens’ Corporate Department , including Katherine Zangana, Aashay Knights, Sona Shah, with assistance from Real Estate Director Nick Marshall, to negotiate and deliver a sale tailored to the wishes of the former shareholders.
Commenting on the sale, Andy Miller of Production Plus Limited said:
“I first worked with Jeff and the team on a management buy-out some seven years ago so there was no question about using their services for the sale of the company. Once again Jeff and his team were brilliant; they guided us through the process with total professionalism and dedication, nothing was too much trouble and timelines were met without question making for a seamless sale in difficult times.”
Jeff Rubenstein, Senior Director, Lawrence Stephens, commented:
“We are very happy to have been able to deliver this excellent result for our clients. It’s been a pleasure to have supported Andy and Julian on the journey from their takeover in 2014 up to the recent sale and at every stage in between. Having worked together closely for more than seven years, we have developed a great friendship and we genuinely wish Andy, Julian and all the team at Production Plus the best possible success for the future.”
The significant sale of this production business follows a number of successful M&A deals Lawrence Stephens has completed on behalf of its corporate clients in the first quarter of 2021.