Provided financial due diligence to enable Shed to broaden their offering

The brief

In 2007 Shed Media Plc, one of the UK's leading independent television production companies, acquired Twenty Twenty Productions Limited.

Twenty Twenty is a multi award winning, independent UK television production company, producing programming across a wide range of genres including living history, documentaries, current affairs and drama.

Just two months later Shed made a further acquisition, buying Wall to Wall Limited. Wall to Wall is one of the UK's most creative and successful independent production companies, specialising in high profile TV brands in drama, docu-drama, factual formats, science and history.

The addition of Twenty Twenty and Wall to Wall to the Shed Group broadens its offering to broadcasters and is an excellent fit alongside Shed Productions; Ricochet and Outright Distribution.

Our role

Baker Tilly's Transaction Services team performed financial due diligence on Twenty Twenty and Wall to Wall. The team led by Paul Watts and Katie Worsfold have acted as financial due diligence providers on all of Shed Media's acquisitions since their IPO in March 2005. The acquisitions broaden Shed Media's current offering and strategically fit well within the Shed Group.

Feedback

"We use Baker Tilly due diligence team for all our acquisitions as they understand the media sector, and they work well with the key decision makers at Shed and our other advisers.

The team highlights key issues as soon as they arise and lets me know their progress throughout the transaction. It is good to work with the same team each time - Paul Watts and Katie Worsfold are proactive and professional. We have recommended Baker Tilly to others and will continue to do so."

Jonathon Kemp, Financial Director, Shed Media Plc

How we can help you

If you are thinking about expanding through acquisition, then talk to your local M&A contact or find out more about our services.