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Quantuma has completed the sale of London-based events firm Camm and Hooper Limited, together with its sister company Camm and Hooper Waterloo Limited, rescuing it out of administration.
The pre-pack sale secured the future of the business, which has four sites across London, and saved 72 jobs.
Brian Burke and Andrew Andronikou were appointed as joint administrators of the company on 13 March, and following a “successful” marketing process, they completed the sale of the business to a wholly-owned subsidiary of Broadwick Group Limited.
As a result, all staff from Camm and Hooper have transferred to the purchaser under TUPE regulations.
Founded in 2010, Camm and Hooper was an events management brand known for operating venues including Banking Hall, Oxo 2, and 26 Leake Street, where they delivered a range of events for corporate and private clients.
The group reported turnover of £10.5m in 2024, having invested in expanding its portfolio of event spaces in recent years. Market conditions were blamed for the company’s slower than anticipated return on investment, as it also began to encounter cashflow issues.
Although a sale was progressed that would have resulted in additional working capital being injected into its trading businesses, and negotiations had reached an advanced stage, the sale fell through and the business was unable to restructure outside of a formal insolvency process.
Burke said: “I am very pleased to have achieved such a positive outcome for this well-established, reputable business. We are delighted to have secured the long-term future of the firm, ensuring that 72 employees’ jobs have been saved.
“The sale will allow the business to continue its journey. We look forward to seeing its new owners achieve success in its next chapter, and its clients continuing to enjoy their events at these prestigious London venues.”
He added: “Additionally, our thanks go to the team at Greenberg Traurig, our solicitors, led by Aaron Harlow and Adam Potter, and to the team at SIA Group led by Kevin Counihan, that provided asset valuation assistance. Their work was integral in successfully delivering this transaction.”
