International legal practice Osborne Clarke has advised UK mid-market private equity firm LDC on its investment in Sohonet, a leading international provider of connectivity, collaboration software, media services and network security for the media and entertainment industry.
LDC’s investment will support the existing management team, led by CEO Chuck Parker, to further build on its international growth strategy and explore complementary acquisitions.
Founded in 1995, Sohonet provides over 500 media companies and thousands of media professionals with a wide range of technically advanced and highly secure solutions. These are designed to help media professionals collaborate on projects with their internationally distributed teams to create the magic that appears on our screens for feature films, TV shows and advertising.
The business operates in a market that is fuelled by the growth of leading on-demand platforms like Netflix, Disney+ and Amazon Prime, and the rising demand for highly secure technological solutions. LDC will support Sohonet to build out its leading products and services, explore new markets and complementary acquisitions.
The Osborne Clarke deal was led by Partner Alisdair Livingstone who was supported by Partner Tom Bussy, Associate Directors James Taylor (corporate), Tom Berisford (finance), James Hamon and Laura Allum (both tax), Senior Associate Lara Flynn (employment) and Associates Bethany Shingfield, Hannah Stevens (both corporate), Joe Roberts (finance) and Amy Moylett (employment).
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the tech, media & comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.