Company News, Deals
Succession planning for dB Broadcast
1–2 minutes
Our team helped David Bird sell the majority of dB Broadcast to his management team to strengthen the business and secure its future.
Company background
dB Broadcast is one of the UK’s largest independent systems integrators and product manufacturers for the broadcast sector. Based in Ely, the company was recently named one of the Sunday Times top 100 fastest growing technology companies in the UK.
The company has worked on major projects such as the new flagship headquarters for BBC News and the Sky Sports Building.
What was special
David Bird built up the company over the last 25 years and has guided the business to the pinnacle of systems integrators in the UK.
Deal structure
David sold the majority of dB Broadcast to his management team, whilst retaining a stake in the company. David remains actively involved in the business; over the next few years he will gradually transition responsibility to the buyout team.
Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key changes rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.
