Travers Smith LLP has advised long-standing client Phoenix Equity Partners (Phoenix) on the acquisition of 1000heads Group Limited.
The Travers Smith team was led by Private Equity & Financial Sponsors Partner Edmund Reed, who was supported by Senior Counsel Alex Dixon, Senior Associate Victoria Bramall and Associates Sarah Owadally and Matthew Hutchison. Specialist advice was provided by Tax Partner Russell Warren and Tax Associate Kaleem Khan.
1000heads Group Limited is a leading provider of social media-led data & insights, strategic consultancy and creative services to some of the world’s best-known brands. The group employs over 150 people across offices in London, New York, Sydney, Dubai and Berlin and has shown year-on-year revenue growth in excess of 30% in the last three years.
The deal value is confidential.
Travers Smith has recently acted for Phoenix on its investment in Nexus Vehicle Rental and Capital Economics, and on the sale of Palletways and Travel Chapter.
Tim Birt and Mark Spinner of Osborne Clarke advised the founder and other management sellers.