Cripps advises the majority shareholder in Ptarmigan Media Limited on the sale of its shares to the existing management team

Cripps’ corporate team has advised the majority shareholder in Ptarmigan Media Limited, a leading international media agency specialising in financial services, in the sale of all its shares in the company to the existing management team.

Founded in 1992 by David Wiggin, Ptarmigan Media has grown organically with 175 full-time staff providing global coverage with offices in London, New York and throughout APAC. The company provides a complete range of services from media planning and buying, research, technology and content marketing to many of the world’s leading financial services brands and long-standing clients.

The sale was to a new buyout vehicle established by the existing management team Ptarmigan Media Group Limited.

The Cripps team, which was led by Nigel Stanford and Talia Sykes, advised the seller on all legal aspects of the transaction. Osborne Clarke acted on behalf of Ptarmigan Media Group Limited.

Commenting on the legal support provided, David Wiggin said  “It was a pleasure to work with Nigel and his team. Their advice was clear, brief and to the point and helped me understand the key issues that I needed to consider and form a view on.”

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