Orbis advises TDP Media Group sale
Orbis Partners has completed the sale of TDP Media Group to San Francisco-based Martini Media. The corporate advisor acted alongside law firm Wragge & Co, both based in Birmingham.
TDP is a London-based digital media company which claims to be Europe’s largest business-to-business targeting network. TDP’s clients include brands such as Harrods, Porsche and Phillips.
The company was co-founded by the former head of Channel 4’s digital media sales operation. Both founding partners remain with the business, which is now set to expand into Europe and Asia.
Martini Media is a digital marketing business which provides web, video, email and social networking services.
Shah Zaki, a partner at Orbis who acted as lead advisor in the transaction, said: "This is an excellent deal for both parties, by combining forces the enlarged group is in a strong position to be a leading global provider in the fast growing sector of digital marketing."
The Birmingham office of law firm Wragge & Co advised the shareholders of TDP.
Orbis is the UK partner of Clairfield International, a worldwide partnership of M&A investment banking firms.