M&A specialists JLF have acted as lead advisor to the SOCO Group to complete a shareholder buyout of exiting shareholder Philip Sutcliffe. As a result of the transaction, Kane Haig and James Ogilvie become majority shareholders.
SOCO Group includes the award winning social media agency The Social Co, which counts Newcastle United FC, the NHS, Lusso Stone and Metro Centre as its clients.
An authority on private M&A, Jabad Jaigirdar said: “This is a significant buyout, and we are tremendously proud to have supported longstanding clients SOCO Group on this milestone transaction, which follows successive years of growth.
“The group has ambitious plans to grow, and it is great to see a North East based business going from strength to strength.
“JLF’s corporate team has already advised on a number of high profile transactions this year, and we look forward to closing out Q4, adding more deals such as this one to our burgeoning portfolio”.
