“It was a pleasure to work with the Cavendish team, led by Linda Sullivan. As well as displaying a deep understanding of our sector, they also made every effort to get under the skin of our business, which ensured that we were fully aligned from start to finish. In particular, I was hugely impressed by the way in which Linda conducted the process with a calm authority and professionalism...Mark Collier | Non-Executive Chairman of Dare
”Linda Sullivan, James Ellis and the Cavendish team were excellent throughout the process and achieved a very positive result for the management and shareholders. I highly recommend them. Rex has an exciting future as part of Shutterstock, the NYSE quoted international...Larry Lawson | Managing Director of Rex Features
“Cavendish ran a very tight process and generated real bidding excitement. Opta is seen by Perform as a the missing piece in their content...Aidan Cooney | CEO, Opta Sports
“…Cavendish showed an intimate knowledge of the sale process from start to finish. They demonstrated technical excellence in a complex transaction and I had full confidence in their abilities at all times. I am delighted that the management team have found a partner that will assist with the continued development of...Victor Lewis|Major Shareholder of World Trade Group
In London Fashion Week yet another British success; Fashion Monitor, the fashion information service used by all the leading media in the UK has been sold by Cavendish Corporate Finance, as part of the sale of Profile Group.
Profile has successfully migrated to digital delivery of its products over the past three years which was a major factor in the successful sale of the business. Profile Group’s revenues of £3.1m in 2011 were derived exclusively from subscriptions, generating an EBITDA of circa £1m. Profile Group’s blue-chip client base includes the majority of the leading media organisations in the UK and internationally which resulted in wide-ranging interest in the sale of the business
Linda Sullivan, Cavendish’s, Director of Media and Digital Technology commented: “This sector is very hot right now. There is no gloom and doom. We are achieving very good prices for digital media assets. Everyone needs them. I would just like to have more businesses in this sector to sell. The buyers are out there.