MediaBridge Capital Advisors Manages Two Tech Acquisitions

Deals closed March 18
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BOSTON—MediaBridge Capital Advisors said it has served as the exclusive investment banking advisor on two international acquisitions that both closed March 18, 2014. The deals included the $25 million sale of U.K.-based broadcast automation and channel-in-a-box software maker Pebble Beach Systems to Vislink plc, a global U.K.-based wireless communications vendor, and the CA$21 million sale of Montreal-based visual communications software maker X2O Media to Barco N.V., a manufacturer of visualization systems based in Belgium.

“Although occurring primarily in two different markets—broadcast and pro A/V—these acquisitions represent a new dynamic in today’s media markets: a move toward standardized IT- and cloud-based technologies,” said John Bowen, co-founder and managing partner of MediaBridge Capital Advisors. “Not only are end-user customers able to evolve and adapt more quickly to changing business requirements, but the vendors benefit from higher-margin business and the potential for recurring revenue models.”

Ethan Jacks, MediaBridge’s other co-founder and managing partner, added, “MediaBridge is focused on the leading edge of the hardware/software consolidation model. We are pleased to have represented Pebble Beach and X2O, both leading digital media software innovators, in highly synergistic acquisitions by global enterprises Vislink and Barco.”