Lewis Silkin advises The Communications Agency on sale to Communisis
11 June 2014
Lewis Silkin has advised branding and marketing agency, The Communications Agency Limited (TCA), on its GBP7.25 million sale to leading provider of personalised customer communication services, Communisis plc (LSE: CMS).
Lewis Silkin has advised branding and marketing agency, The Communications Agency Limited (“TCA”), on its GBP7.25 million sale to leading provider of personalised customer communication services, Communisis plc (LSE: CMS).
Under the terms of the agreement TCA’s Chairman, Robert Prevezer, and Chief Executive, Adam Leigh, the principal vendors, are joining Communisis plc in senior executive roles with plans for TCA to complement Communisis' existing creative capability whilst offering considerable scope for growth and revenue synergies across each of their client portfolios and through cross-selling of other marketing services in social media, video, digital development and content marketing.
Robert Prevezer says:
"This is an exciting opportunity for both TCA and Communisis to drive sustainable growth through leveraging each of our respective resources for the benefit of our current and future clients. We’re looking forward to combining our skills and expertise to deliver the very best brand response and customer relationship marketing solutions across all media channels including TV, experiential and digital”.
The Lewis Silkin team that advised on this transaction was led by Jo Evans, partner and Head of Corporate, and she was supported by Corporate associate Daria Evdokimova and Corporate Tax associate Matthew Rowbotham. Jo says:
“We are delighted to have advised TCA in its aspirations to further develop its integrated and differentiated agency model through this strategically important transaction which offered us the opportunity to reinforce our credentials as leading advisors in the marketing services arena”.
For more information please contact:
Business Development and Marketing Manager
Tel: 020 7074 8260