investegate.co.uk
Positivewww.investegate.co.uk · · GB
Acquisition of Uncovered Holdings Limited
FoundersDigital GovernmentBroadcast And MediaInformation And Communication…
Executive Summary
AI-generatedLBG Media plc announced the acquisition of a 75% stake in Uncovered Holdings Limited, a UK-based creative agency specializing in social media strategies for Gen Z. The deal involves an initial cash consideration of £26.8 million, plus potential earnout payments up to £7.0 million based on future performance. LBG Media views this acquisition as strategically aligned with its goals to increase predictable direct revenues and enhance its content production capabilities.
Key Insights
- LBG Media acquired 75% of Uncovered Holdings, a social-first creative agency known for Gen Z expertise in platforms like TikTok and Instagram.
- The initial purchase price is £26.8 million cash, supplemented by an earnout potential of up to £7.0 million tied to the performance in 2026 and 2027.
- LBG Media expects Uncovered's services to significantly boost revenue and adjusted EBITDA, potentially leading to double-digit EPS growth.
- The acquisition strengthens LBG Media's content studio capabilities, allowing it to handle larger campaigns and long-term client partnerships.
- Uncovered's existing multi-year contracts with major clients provide financial stability through recurring revenue streams.
Topic context
Related topics
The full article is on the original publisher site.