Pembridge Partners LLP invested alongside the founders Claire Page and Steve Andrews in 2003 and advised the founders on Whitewater’s growth strategy in order to achieve a successful sale.
"This is another confirmation of the success of the Pembridge business model. We provide strategic advice to ambitious creative firms and often invest alongside the management team to build and maximise shareholder value. In many ways, we act like Venture Capitalists. We believe we are the only firm offering this combination of services and we now have a successful track record through a full life-cycle of investing and exiting," said David Prais, Managing Partner.
"We are immensely proud of Whitewater's performance during this period. Whitewater is a company which nurtures a strong creative and innovative culture and has a committed team focused on strong organic growth and healthy margins," said Rose Lewis, partner at Pembridge, who served as chairman of the board.
Added Steve Andrews, Managing Director of Whitewater Creative Services: "The strategic advice and executive support we received from Pembridge has been instrumental in focusing on the strong growth Whitewater experienced between 2003 and 2005. As chairman of the board, Rose helped us grow and prepare for our next phase of growth as part of the Direct Marketing Group".
Results International acted on behalf of the owners of Whitewater in this transaction.
Pembridge provides strategic advice and finance for ambitious, growing and independent creative firms and assists them in building, maximizing and realising their shareholder value.
Elsewhere on this website, Steve Andrews tells the full story of the sale and shares his advice to anyone considering the same path. For more information about how Pembridge can help your business grow, contact Eve Daniels.
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