About Edit 19
Established in 2010, Edit 19 is a post-production video house located in Manchester. Offering a wide range of services including video editing, colour grading, graphics, visual effects, audio, 3D modelling and animation. Edit19 boasts an impressive client portfolio including high-street names such as Vodafone, Samsung, Mercedes Benz, very.co.uk, BBC and ITV.
About the deal
The business was acquired by a leading media services provider dock10. dock10 acquired the boutique Manchester-based post production house to work alongside their existing post-production team and bolster their offering for the advertising and corporate markets.
Our role in the deal…
Edit 19 had previously appointed Cowgill Holloway to advise the business and its shareholders on a pre-sale basis. During the sale process Paul Stringer, Corporate Finance Partner and Kelly Garside, Tax Director advised the vendors on corporate structure and tax matters, managing the transaction throughout.
Cowgill Holloway provided:
· Pre-sale strategic review of the corporate structure
· Advice on the terms of the offer;
· Financial/commercial review of the share purchase agreement;
· Management of the tax due diligence process
· Personal income tax and capital gains tax advice to the shareholders
· Advance clearance from HMRC in relation to the proposed transaction
Why Choose Cowgill Holloway?
Corporate Finance is an integral part of Cowgill Holloway LLP, a leading North West based independent firm of accountants and business advisors. We offer innovative corporate finance solutions to our clients. Our dedicated corporate finance team draws on extensive and broad-ranging experience in advising entrepreneurs, business owners and corporate clients. We provide a service that is closely tailored to each client’s specific needs and circumstances and characterised by a high level of partner involvement.