Acquisition
Acquisition
True Staging
Mayday Office Equipment
True Staging is an Essex-based scenic design and fabricator for the events and entertainment industry. The business creates luxury brand experiences for a range of leading global markets and regularly provides installation for red carpet film premiers in London, including blockbusters such as Wicked, Barbie, Wonka and James Bond and also works with brands such as Formula 1, Burberry and Spotify. As part of its exciting ambitions, True identified Box Productions as the ideal target to accelerate its growth ambitions. Box is a scenic production build company that has produced activations for brands including Netflix, TikTok and Apple. Our Corporate Finance team was appointed to act as buy- side advisers for True Staging, advising on negotiations, deal structure and funding, as well as completing financial due diligence for the deal, resulting in True acquiring a majority stake in Box. Buy-side adviser to True Staging on its acquisition of a majority stake in Box Productions.
Norwich-based Mayday is an independent provider of Managed IT services and Print Management solutions, supplying the latest technology on behalf of many of the world’s leading manufactures. Forging strong relationships with a range of companies from small family run businesses through to multinationals, they specialise in multifunctional device sales, repairs and full IT helpdesk and support. Our Corporate Finance team was appointed as lead buyside advisers to Mayday. Working across the Corporate Finance and Financial Advisory pillars, the FRP team collaborated on all stages of the deal process and led the transaction to a successful conclusion. Buy-side advice to independent managed print, IT and hosted technology services provider, Mayday Office Equipment Services, on its acquisition of Norfolk Copiers.
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The advice and support received from FRP’s Corporate Finance team was very professional and their expertise ensured a smooth transaction from start to finish.
Chris and the team at FRP Corporate Finance became an extension of our team, allowing us to create a deal structure that worked for both companies. The team very quickly understood our business adding a bespoke level of representation.
Karen Aldred &. Adam Northcut Mayday Office Equipment
Chad Higgins True Staging
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