We are delighted to announce that Rockworth has advised the shareholders of Jacaranda Productions on their successful transaction with Communisis PLC. This adds to Rockworth’s successful line of completions this year, acting as sole lead advisor to entrepreneurial businesses.
Taken from the Communisis Press Release: The Acquisition adds specific skills and expertise which support the Group’s strategy to build a comprehensive range of integrated services in its Design segment and presents opportunities for revenue synergies with existing Communisis clients. Jacaranda is a video and film production specialist, creating, managing and measuring the effectiveness of video content for global brands. For over 15 years, Jacaranda has been voted in the top ten independent production companies in Televisual’s annual ‘Corporate Top 50’ awards and has won over 250 creative awards including The Digital Impact Awards, Cannes Corporate Media and TV Awards and New York Film and TV Awards. Lawrence Price led the transaction, working closely with Gus and Katie the owners, and working alongside corporate partner, Mark Wesker of Osborne Clarke solicitors in Bristol.
Gus Colquhoun, Founder of Jacaranda Productions Ltd, now part of Communisis PLC:
“We had been looking for some time for the best way to present our business to potential Purchasers. In the process we had met a number of companies – both large and small – that had proposed a broadly similar approach, targeting a large number of prospects with a detailed and costly prospectus. Rockworth’s approach was precisely the opposite – depending instead on detailed research and direct conversations to produce a short list of very high quality targets and then presenting very little information to them at the initial stages. This was an extremely refreshing idea that made perfect sense to us, avoided a great deal of time wasting and meant that we were only talking to a small number of genuinely interested purchasers. Rockworth’s greatest strength is their intelligence and attention to detail – both at the research stage and during the subsequent negotiations. We relied very heavily on their wisdom and advice throughout the entire process – advice that was often sought and willingly given at all times of the day and night. We would unhesitatingly recommend Rockworth and wish the firm the very best for the future.”