Hypothesis Group Acquired by Elixirr for $45 Million
Deal News | Nov 26, 2024 | Farrer & Co
Farrer & Co. has advised Los Angeles-based Hypothesis Group, LLC on its acquisition by Elixirr, a UK-based global consulting firm. The acquisition deal was closed for $45 million in cash and rollover equity, representing a significant expansion for Elixirr in the consumer, technology, and entertainment sectors. Hypothesis Group offers insights and strategy services and has been guided through the transaction process by legal advisers Farrer & Co in the UK and Sklar Kirsh along with Greenberg Glusker in the US. The team from Farrer & Co leading this advisory role included Simon Ward and Emily Jamieson.
Sectors
- Consulting
- Legal Services
- Consumer Technology & Entertainment
Geography
- United Kingdom – Elixirr, the acquiring company, is based in the UK.
- United States – Hypothesis Group, the target company, is based in Los Angeles, USA.
Industry
- Consulting – Elixirr operates in the consulting industry, providing strategic advice to businesses worldwide.
- Legal Services – Farrer & Co, alongside other advisory firms, provided legal advice for the acquisition.
- Consumer Technology & Entertainment – Hypothesis Group focuses on insights and strategies within consumer, technology, and entertainment sectors.
Financials
- $45 million – The acquisition amount for Hypothesis Group by Elixirr.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hypothesis Group LLC | Target company | Company | A Los Angeles-based insights and strategy firm focused on the consumer, technology, and entertainment industries. |
| Elixirr | Acquiring company | Company | A global consulting firm based in the UK acquiring Hypothesis Group. |
| Farrer & Co | Legal advisor (UK) | Company | Provided UK legal advisement to Hypothesis Group during the acquisition. |
| Sklar Kirsh | Legal advisor (US) | Company | Provided US legal advisement for the sale of Hypothesis Group. |
| Greenberg Glusker | Legal advisor (US) | Company | Assisted in US legal advisement for the Hypothesis Group's acquisition. |
| Simon Ward | Lead advisor | Person | Led the Farrer & Co team advising Hypothesis Group. |
| Emily Jamieson | Lead advisor | Person | Played a key role in the Farrer & Co team advising Hypothesis Group. |