UHY advises on sale of JP Film and TV to Aggreko

UHY Hacker Young’s London corporate finance team has advised on the successful sale of JP Film and TV, the UK’s largest TV and events power and lighting company, to Aggreko, the world’s largest supplier of temporary power and energy solutions.

JP Film and TV are the UK’s largest provider of power and lighting to almost all notable national events, including the Coronation, the Queen’s Funeral and the Platinum Jubilee. The business also provides power and light at major sporting events, like Premier League and UEFA Champions League football matches and major cricket and rugby games.

UHY team has worked with JP Film and TV for the past three years to prepare the business for sale.

Acquiring a market leading film and TV services company like JP Film and TV fits perfectly into Aggreko’s growth strategy.

Robert Kidson, partner at UHY Hacker Young, said: “We are delighted to see the hard work that the team at JP Film and TV and ourselves have put into this deal produce an excellent result.

“Agrekko has done really well to acquire the market leading media and events business in the UK. Their presence in this sector has now increased significantly overnight.”

Joy Brennan, managing director of JP Film and Television Services, says: “We have a proud team culture and we are delighted to have found Aggreko that shares our vision for events. They understand our industry and will keep us improving and developing so we can deliver the very best for our customers.

“We will benefit from Aggreko’s fleet systems and investment capital. By joining Aggreko we can offer a broader range of event services. This is a major milestone in securing our future.”

Brennan added: “The UHY Corporate Finance team navigated us with professionalism and support throughout the whole transaction.”