Partner Article

Cowgill Holloway advise Edit19 on sale to dock10

Leading independent accountants and business advisors, Cowgill Holloway LLP, have advised Manchester-based post production house, Edit 19 on the sale of their business to dock10.

Established in 2011, the team at Edit 19 will move from their existing premises in Quay Street to dock10’s state-of-the-art facilities at Media City.

The move will enable Edit19 to benefit from the additional services provided by dock10 including an experienced visual effects (VFX) capability. Edit 19 currently boasts an impressive client portfolio including high-street brands such as Vodafone, Samsung, Mercedes Benz, very.co.uk, BBC and ITV.

Paul Stringer, Corporate Finance Partner, who led the deal commented, “We are very pleased to have advised Simon and the management team through the next step in the evolution of Edit 19. The deal represents an excellent opportunity for them to provide an even better service to their clients and accelerate the firm’s growth aspirations.”

Edit 19 major shareholder and group director Simon Lewis added: “The Edit 19 team are delighted to be at the heart of dock10’s future growth plan in post production. We are excited to be moving to MediaCityUK where we will benefit from being part of the thriving creative environment and will also be able to access the fantastic infrastructure and support of the wider dock10 business.

“The expertise of the Cowgill Holloway team throughout the deal has been invaluable. They took the time to thoroughly understand our business and what we were looking to achieve. They provided the vital support needed throughout the acquisition process.”

Cowgill Holloway’s Tax Director, Kelly Garside advised Edit 19 and the shareholders throughout the deal process on tax issues surrounding the transaction, reviewing the structure of the deal.

Kelly said: “Working closely with the shareholders in the lead up to and during the sale allowed us to ensure that the acquisition went smoothly. Edit19 is a great business and we look forward to seeing what else they achieve.”

This was posted in Bdaily's Members' News section by Cowgill Holloway .