Haslers Corporate Finance Team leads Allam Group Sale to JCDecaux
Haslers Corporate Finance (HCF) recently reported the sale of The Allam Group to global outdoor advertising player, JCDecaux SA. (Transaction Value — undisclosed).
The deal, led by HCF, passes to JCDecaux control of some 2,500 48-sheet panel equivalents and brings to a close Allam´s independence after some 80 years of trading.
With over seventy disparate shareholders worldwide, Haslers Corporate Finance faced particular problems in bringing everyone on board for a deal that had a short time in which to complete. The deal provided a very satisfactory exit for the shareholders and improved service levels and certainty for the business going forward.
Founded in 1926, Allam built a UK-wide portfolio of large format advertising by developing panels for a wide range of clients from local authorities and property developers to private landlords across the UK.
HCF Senior Partner, Michael Gould said “The acquisition cements a long established relationship between the two companies and provided the ideal exit strategy for all the Allam Group Shareholders”.
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