Risk Capital Partners backed the buy and build of marketing services company Loewy Group in March 2004. During our ownership, Loewy made eight acquisitions including companies in PR, research, design and branding.
We sold our stake in November 2006, achieving a cash multiple of 2.5x.
Why we invested:
Opportunity to consolidate the hugely fragmented below-the-line marketing services space.
Initial platform deal was the merger of two impressive companies with complementary businesses.