Grupo SOM Produce Acquired by ATG Entertainment with Deloitte's Advisory
Deal News | Jan 17, 2025 | Finance Community ES 2 - Corporate M&A
Deloitte has played a crucial role in facilitating ATG Entertainment's acquisition of Grupo SOM Produce, a deal in which Providence Equity Partners has a stake. The advisory firm provided comprehensive financial and tax guidance, crucially contributing to both due diligence and sales contract negotiation processes. Under its End-to-End M&A strategy, Deloitte deployed a robust team to the transaction, including partners Jos Maria Gomez Rosende and Jaime Gomez-Pineda, director Ignacio Martinez Abella, senior associate Covadonga Muñoz Gonzalez, and manager Álvaro Soto Pulpillo. This expert team ensured the transaction's success by leveraging their combined fiscal and financial expertise.
Sectors
- Corporate Finance
- Entertainment
Geography
- Spain – Given that Grupo SOM Produce is based in Spain, the transaction is centered around Spanish operations.
Industry
- Corporate Finance – The article involves detailed advisory services relating to corporate finance, specifically examining the financial aspects of mergers and acquisitions.
- Entertainment – The entity acquired, Grupo SOM Produce, likely operates within the entertainment industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Deloitte | Advisor | Company | A professional services firm that provided financial and tax advisory in the transaction. |
| ATG Entertainment | Bidding Company | Company | Acquired Grupo SOM Produce with financial backing from Providence Equity Partners. |
| Grupo SOM Produce | Target Company | Company | The entertainment group acquired by ATG Entertainment. |
| Providence Equity Partners | Investor | Company | A private equity firm involved in the acquisition through its stake in ATG Entertainment. |
| Jose Maria Gomez Rosende | Partner | Person | Deloitte partner involved in the transaction. |
| Jaime Gomez-Pineda | Partner | Person | Deloitte partner involved in the transaction. |
| Ignacio Martinez Abella | Director | Person | Deloitte director who was part of the financial and tax team. |
| Covadonga Muñoz Gonzalez | Senior Associate | Person | Senior associate at Deloitte working on the deal. |
| Álvaro Soto Pulpillo | Manager | Person | Manager at Deloitte who was part of the team. |