M&A Deal Summary

ITV Acquires Twofour Group

On June 25, 2015, ITV acquired media company Twofour Group from LDC for 86M USD

Acquisition Highlights
  • This is ITV’s 16th transaction in the Media sector.
  • This is ITV’s 4th largest (disclosed) transaction.
  • This is ITV’s 8th transaction in the United Kingdom.

M&A Deal Summary

Date 2015-06-25
Target Twofour Group
Sector Media
Buyer(s) ITV
Sellers(s) LDC
Deal Type Add-on Acquisition
Deal Value 86M USD
Advisor(s) Livingstone Partners (Financial)

Target

Twofour Group

Plymouth, United Kingdom
Twofour Group is a family of companies striving to deliver world class international TV production and distribution.

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Buyer(S) 1

Buyer

ITV

London, United Kingdom

Category Company
Founded 1955
Sector Media
Employees6,133
Revenue 3.5B GBP (2024)
DESCRIPTION

ITV is an operator of a commercial television network. The company's Broadcasting and Online segment commissions and schedules programs on the ITV channels. ITV was founded in 1955 and is based in London, England.


DEAL STATS #
Overall 18 of 23
Sector: Media M&A 16 of 16
Type: Add-on Acquisition M&A Deals 15 of 16
Country: United Kingdom M&A 8 of 13
Year: 2015 M&A 3 of 3
Size (of disclosed) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 Mammoth Screen

London, United Kingdom

Mammoth Screen Ltd. is a scripted production company. Mammoth Screen make high quality, writer-led drama and comedy for British and international broadcasters.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-29 Carwow

London, United Kingdom

Carwow is a car research and buying website that is transforming the way the UK buys and sells new cars. Consumers can research, select and configure new cars before receiving up-front, no-haggle offers from UK franchised dealers. Carwow was founded in 2011 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 86 of 210
Sector: Media M&A 3 of 11
Type: Add-on Acquisition M&A Deals 39 of 97
Country: United Kingdom M&A 83 of 204
Year: 2015 M&A 5 of 11
Size (of disclosed) 36 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-12 Iglu.com

Wimbledon, United Kingdom

Iglu.com is a specialist online travel agent, targeting the UK market. Iglu.com was founded in 1998 and is based in Wimbledon, United Kingdom.

Buy £60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Blue Rubicon

London, United Kingdom

Blue Rubicon Ltd. operates as a campaigning agency. It offers campaign planning, strategic consulting, senior management counsel, narrative and message development, creative development, media relations, digital campaigning, internal and employee communications, political campaigning, issues and crisis management, media training, and healthcare services.

Sell -