Jamieson Corporate Finance LLP announces the successful completion of its advisory role to the incumbent management team of The Mill, the international advertising visual effects group, on their tertiary buyout backed by the Carlyle Group from 3i.
Founded in 1990, The Mill is the first digital effects agency with a local presence in the three key global locations for advertising production: London, New York and Los Angeles. Its numerous award-winning productions include work for Sony Playstation, Honda and Guinness and it remains the only U.K. visual effects company to win an Academy Award (Gladiator, 2001). The Mill was recently named as the world’s Number 1 post-production house by Shots magazine, the key global industry publication.
The Mill’s management, led by chief executive Robin Shenfield, will retain a substantial stake in the business. The company’s next phase of growth is to focus on both international expansion and providing new-media services.
“A key part of our role involved negotiating a significant level of cashout for the founder managers, whilst ensuring that they received a substantial stake under new ownership. We are delighted to have delivered the desired outcome for the team.”
Stuart Coventry, Jamieson