Pharus acted as the exclusive financial advisor to AmberFin Limited and its primary shareholder, Advent Venture Partners, in its sale toDalet S.A.Pharus was retained due to our deep knowledge of the broadcast technology and services industry, and expertise in executing cross-border transactions.
Pharus executed a comprehensive M&A process, which involved identifying and approaching a broad set of strategic and private equity buyers. Pharus was involved in marketing, due-diligence, and negotiating the terms of the transaction.
This acquisition provides Dalet with industry leading engineering capabilities and solutions and also allows them to offer the most advanced media workflow solution to broadcasters, content providers, etc.The terms of the deal were not publicly disclosed.
AmberFin is a highly-regarded UK-based provider of video ingest, complex media manipulation, transcoding, and quality control solutions. The Company’s solutions are used to facilitate multi-platform delivery for broadcasters, sports organizations, and post-production houses such as Sony Pictures, Warner Brothers, Turner Broadcasting, Canal+, ITV, ZDF, NRK, Nine Network Australia and Discovery.
Dalet S.A, based in France, is a leading provider of Media Asset Management (MAM) solutions for public broadcasters, commercial networks and operators, and governments. The Company’s solutions create, manage and distribute content to both traditional and new media channels, including interactive TV, the Web, and mobile networks.