Lewis Silkin has advised Next 15 Group Plc’s Palladium Group Limited on the acquisition of onefourzero
21 April 2023
Lewis Silkin has advised its long-standing client, Next 15 Group plc, on the acquisition by Palladium Group of onefourzero, the international digital and commercial M&A consulting firm.
Palladium Group’s acquisition of onefourzero brings together two highly complementary award-winning businesses with a shared vision, delivering innovative, high-quality M&A and growth consulting services.
It will allow Palladium Group to expand into the commercial arena, whilst also expanding its operations to New York and Boston, complementing its existing footprint in the UAE. The combination of Palladium Group’s expertise in value creation and go-to-market, and onefourzero’s highly reputed global M&A advisory and technology offering, will enable the combined business to offer a broader range of solutions to Private Equity and Investor-backed businesses, and create new growth opportunities.
The Lewis Silkin team was led by Legal Director Sadiq Tajbhai with corporate support from Jack Baldwin and Stacy Treharne, tax support from Matthew Rowbotham and liaison with corporate Partner Paul Rajput.
Commenting on the deal, Lewis Silkin’s Sadiq Tajbhai said:
It was a pleasure collaborating with Mark and the other members of the Next 15 and Palladium teams for this acquisition. Undoubtedly, this move will position Palladium as a prominent player in the Commercial, Digital and Technology Transaction Advisory sector. It once again underscores Lewis Silkin's M&A expertise in the advertising and marketing industry.
Commenting on the deal, Next 15's Group General Counsel, Mark Sanford said:
Sadiq and the team at Lewis Silkin remain our preferred partner for our strategic acquisitions. With their extensive industry expertise and in-depth understanding of our business, they facilitate a seamless process. We have engaged their assistance on multiple acquisitions, and we have complete confidence in their ability to support us in the future.