Moore Kingston Smith Corporate Finance advises on sale of PR agency
Moore Kingston Smith Corporate Finance has advised on the sale of PR agency, Flagship Consulting, to investor in fast-growing boutique agencies, Selbey Anderson.
Flagship Consulting provides integrated marketing services to the financial and professional services, technology and travel sectors. Co-founders Jackie Murphy and Diana Soltmann, who established the agency over 30 years ago, will take on consultancy roles at Flagship and deputy managing director Mark Pinnes becomes managing director.
The acquisition is Selbey Anderson’s fourth since its inception in December 2018. The transaction brings on board the immeasurable skills, attributes and cultural values of Flagship Consulting, which are a great addition to the agency’s existing talent pool and enable it to provide more services to its clients.
Moore Kingston Smith had worked with Flagship Consulting for a number of years, so were very aware of the agency’s ambitions and values. The founders therefore had no hesitation in appointing the Moore Kingston Smith Corporate Finance team who, led by Mandy Merron and Paul Winterflood, helped to secure a successful sale.
Jackie said: “Selling one’s business is stressful – in addition to the finer details of the financial transaction, there are endless questions about the due diligence, the structure of the transaction and what happens now. At every step of the way, we have been supported by the Moore Kingston Smith team, who often went above and beyond to help us get a deal done quickly. Many thanks for making things easy to understand and being there to answer all our questions.”
Mandy Merron, Corporate Finance partner, added: ‘’It was a great pleasure to work with Jackie and Diana. Flagship and Selbey Anderson are a great fit. We think the future is very exciting for the ambitious group.”
If your agency is considering a sale or acquisition, please contact us to find out how we can help you.