Lewis Silkin advises Engine management on sale to Lake Capital
11 August 2014
Lewis Silkin has advised the senior management team of The Engine Group on its sale to a portfolio company of Lake Capital, subject to shareholder approval.
Lewis Silkin has advised the senior management team of The Engine Group on its sale to a portfolio company of Lake Capital, subject to shareholder approval. Engine is the parent company of a family of award winning partner businesses including WCRS, Partners Andrews Aldridge, MHP, Jam, Synergy, Calling Brands, Fuel, Mischief, Slice, Transform, Fantastic Thinking, Deep Focus and Noise.
Under the terms of the agreement Engine will form a partnership with Lake Capital’s current investments, global market research and business intelligence firm ORC International, and in due course, the entertainment and content marketing agency Trailer Park.Peter Scott, Group CEO of The Engine Group, said:
"This transaction offers Engine access to additional resources to support our growth ambitions and provides us with an excellent opportunity to leverage one another’s deep understanding of marketing services for the benefit of our clients. We were delighted to have Lewis Silkin’s support and guidance throughout the process.”
The Lewis Silkin team was led by partners Mike Burd and Jo Evans who were supported by Corporate partner Karish Andrews and Corporate Tax senior associate Matthew Rowbotham. Jo said
“We really enjoyed working with Engine’s key managers on this transaction and it offered us the chance to showcase both our sector expertise and integrated cross-practice support.”
For more information please contact:
Director of Business Development
Tel: 020 7074 8226