ISIS Equity Partners has led the buyout of The Television Consultancy (TVC) in a deal worth £10m.
Lower mid-market player ISIS invested funds from the Baronsmead VCTs to help support the expansion of TVC’s digital department.
ISIS was attracted to the fast growing area of broadcast and digital PR. The investor has previous experience backing companies in the marketing services space with previous investments having included RLA Group, an integrated marketing communications agency and Occam DM, a provider of data management services.
The deal was introduced to ISIS by Livingstone Partners. Lloyds TSB provided a £5m debt package.