Company Announcement
For Immediate Release
Media Monitors Acquired
by Quadrant Private Equity
Sydney, 1 July, 2010 – Asia Pacific’s leading media intelligence company, Media Monitors, today announced that 100% of their share capital has been acquired by Australian private equity provider Quadrant Private Equity.
Founded in 1982 by advertising legend Mr. Neville Jeffress, Media Monitors continually evolved its business through acquisitions, strong product innovation and focus on customer service. Today, the company has over 800 employees across the Asia-Pacific region and services more than 5,000 clients.
Media Monitors’ CEO John Croll said: “We are delighted by the opportunities Quadrant Private Equity brings to our business. We operate in a very dynamic industry where clients needs and media developments occur at a very fast pace. We are looking forward to the agility that the Quadrant team brings to leverage opportunities and to further enhance services to our corporate and government clients.”
Mr. Croll said that Quadrant Private Equity’s experience combined with the expertise of the Media Monitors’ management team creates a strong opportunity to accelerate the company’s next phase of growth.
Mr. Chris Hadley, Quadrant Private Equity Managing Director, said “Our acquisition today of Media Monitors is a significant investment in the rapidly evolving media space. Media Monitors has a highly successful track record, a strong management team and a leading market position in Australia, New Zealand and across the Asia-Pacific region with a strong presence in China”.
“We are looking forward to working with the Media Monitors’ management team to further develop the business through innovative products, services and potential strategic acquisitions” – Mr. Hadley said.-
Media Monitors engaged Greenhill Caliburn as financial adviser and Baker & McKenzie as legal adviser. Quadrant Private Equity was advised by Ernst & Young with Minter Ellison as legal adviser.
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Download the pdf of this release
www.quadrantpe.com.au
www.mediamonitorsgroup.com
For more information:
Mr. Chris Hadley
Managing Director
Quadrant Private Equity
Tel: +61 2 9221 3044
Karina Silva
Senior Manager, Group Marketing & Communications
Media Monitors
Tel: +61 2 3918 4767
Mob: +61 (0) 407392125
karina.silva@mediamonitors.com.au
About Media Monitors
Media Monitors is the leading media intelligence company in Asia-Pacific, with offices in Australia, New Zealand, Singapore, Malaysia, Hong Kong and mainland China. Media Monitors provides over 5,000 corporate, government and non-for-profit organisations customised access to media intelligence services and innovative tools to enable effective communications. With 24x7 operations, the company employs over 850 professionals across the Asia-Pacific region. The services include multilingual media monitoring across print, TV, radio and online media, media contact database and campaign release management and media analysis services. Media Monitors offers the innovative solutions and robust media intelligence needed to confidently navigate today’s sophisticated and complex media landscape.
About Quadrant Private Equity Pty Ltd
Quadrant Private Equity is a leading mid-market private equity provider in Australia. The company has $765 million of funds under management specifically dedicated for investing in private equity. They take a balanced approach to creating a diversified portfolio of investments encompassing management buy-outs, management buy-ins and growth capital opportunities.
The Quadrant Private Equity team has invested in 46 businesses across a broad spectrum of industries. Their investments have created wealth for their management teams and investors.