International legal practice Osborne Clarke has advised the shareholders of the leading independent creative studio, Coffee & TV, on the acquisition by global marketing communications company, Omnicom.
The move will bolster the newly formed Omnicom Content Studios, enabling Coffee & TV to remain a leader in the market whilst accelerating its international growth. The company is set to expand its London flagship HQ with the launch of creative studios in New York, LA and Austin.
Derek Moore, CEO of Coffee & TV, said:
"We selected Osborne Clarke based on some personal recommendations, and we couldn't have been happier with our choice. They went above and beyond, working to crazy deadlines to make sure the process was on track, our interests were protected and that we understood the complexities of the transaction. I can't recommend Jon/"JC" and the rest of the team highly enough."
Jonathan Crowley, partner at Osborne Clarke, said:
"It was a pleasure to support the shareholders of Coffee & TV. With a purpose-driven approach, the company is leading the way in its creative field with a unique outlook and culture. I'm excited to see Coffee & TV (and all of the team) take the business to the next level. This transaction was a fantastic opportunity for Osborne Clarke to work with a brilliant group of founders – they haven’t just created a successful business - they have created a successful business founded on incredible values/teamwork."
Osborne Clarke's corporate team was led by partners Jonathan Crowley and Tim Birt. The team was also supported by senior associate Krish Mistry, associate Oliver Wilson and trainee solicitor Sophie Mason. Partner Mathew Oliver and senior associate Ben Doeh advised on tax, partner Olivia Sinfield advised on employment and partner Micheal Carter, associate Will Cashman and trainee solicitor Sophia Margetts advised on incentives.
Osborne Clarke's corporate team is considered a go-to practice for many companies in the tech, media and 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.
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