ATG Entertainment Acquires SOM Produce Group with Deloitte Legal's Guidance
Deal News | Jan 17, 2025 | Iberian Lawyer
ATG Entertainment, under the ownership of Providence Equity Partners, has successfully finalized the acquisition of SOM Produce Group with the legal expertise and guidance of Deloitte Legal. This transaction leveraged Deloitte’s comprehensive financial and tax capabilities, encapsulated within their End-to-End strategy for M&A services. The Deloitte team, comprised of key personnel such as partners Jos Mara Gmez Rosende and Jaime Gomez-Pineda and other notable members, executed thorough financial and tax due diligence, alongside structuring the purchase agreement, which was instrumental in completing this acquisition.
Sectors
- Legal Services
- Private Equity
- Mergers & Acquisitions
Geography
- Spain – The transaction involves Spanish entities and Deloitte Legal, which often operates in this region.
Industry
- Legal Services – Deloitte Legal provided advisory services on the purchase agreement in the transaction.
- Private Equity – Providence Equity Partners, a private equity firm, owns ATG Entertainment, which acquired SOM Produce Group.
- Mergers & Acquisitions – This is a transaction involving the acquisition of SOM Produce Group, demonstrating active M&A activities.
Financials
- – The financial details of the acquisition (e.g., deal price) are not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ATG Entertainment | Bidding Company | Company | Acquirer in the transaction, owned by Providence Equity Partners. |
| Providence Equity Partners | Parent Company of ATG Entertainment | Company | A private equity firm that owns ATG Entertainment. |
| SOM Produce Group | Target Company | Company | Target company in the acquisition by ATG Entertainment. |
| Deloitte Legal | Legal Advisor | Company | Provided legal, financial, and tax advisory services for the transaction. |