Appleby is proud to have acted as Jersey and Bermuda counsel, alongside Gateley PLC, to private equity firm NorthEdge on its investment into Friend MTS, a leading global provider of video content security services.
Founded in 2000 and headquartered in Birmingham, with offices in Europe and the US, Friend MTS provides content owners, broadcasters and operators with advanced security and platform protection solutions, including network threat intelligence, forensic watermarking and global media discovery optimised with automated content recognition.
Friend MTS's Emmy® Award winning products have established it as one of the foremost content security providers to the global sports, media and entertainment industries, with long-term contracted revenues from blue-chip clients including Sky, UEFA, Serie A, Warner Bros Discovery, Rogers and United Group amongst many others, serviced by its unified global cybersecurity SaaS platform.
Commenting on the transaction, Jersey Corporate Partner Christophe Kalinauckas commented: "It has been a joy to support NorthEdge on one of their largest investments to date. We are very pleased with the efforts of our team on this transaction and specifically how we have been able to deal with a multi-jurisdictional mandate of significance."
Bermuda Corporate Partner David Clark added: "Our Jersey and Bermuda teams were delighted to work alongside UK counsel Gateley PLC in support of NorthEdge on this consequential project."
Appleby's Merger and Acquisitions (M&A) team is well-positioned to swiftly advise clients on a wide range of M&A transactions involving the key offshore jurisdictions of Jersey, Guernsey, the Isle of Man, Bermuda, the Cayman Islands, Mauritius and the Seychelles. The team regularly work with FTSE 100 and Fortune 500 companies around the globe to help them deploy strategic growth and restructuring initiatives as well as advising lenders and investors providing debt and equity financing on complex cross border M&A matters.