Smart Media Group from Boldon has achieved a milestone by obtaining a significant investment to enhance their UK market influence.
The investment will facilitate the creation of new jobs, promoting regional economic development and supporting the company’s expansion into new markets.
Smart Media Group, an expert in outdoor advertising, communications, and media, is set to enhance their growth trajectory following a substantial seven-figure investment from M Core Ventures.
This financial support, aimed at acquiring a minority share in the company, will boost their presence across the UK and Europe, enabling strategic growth in technology and staffing.
Currently employing 27 individuals, Smart Media Group aims to increase its workforce by 15 in the next year.
This growth complements their plan to enhance their market presence in regions like the North East, Scotland, and London.
Their investment in Smart Outdoor, Smart Vision, and Smart Communications is expected to grow their digital advertising estate from 450 to 2,000 screens by 2025.
Smart Media Group is at the forefront of digital screen deployments, elevating its visibility with expansions into key locations.
The company is a key player in providing large and small format LED screens covering various sectors.
These sectors include hospitality, sport, retail, travel, and manufacturing, marking a significant domain coverage for Smart Vision.
Strategically partnering with M Core Ventures fortifies Smart Media Group’s competitive edge.
The collaboration aims to create a media hub in the North East, investing in technological advancements and local talent.
This partnership is crucial for sustaining the company’s long-term growth and technological innovation in the industry.
The public endorsement from industry leaders highlights the potential impact of this collaboration.
M Core Ventures CEO, Max Percy, expressed enthusiasm for the partnership’s synergies.
He emphasized the group’s scalability and regional growth opportunities.
Nick Johnson from RG Corporate Finance provided pivotal advisory support to Smart Media Group’s shareholders.
Legal advice was offered by Alex Wilby and Ellie Bradshaw from Swinburne Maddison LLP.
Their expertise was crucial in navigating the complexities of this significant investment transaction.
Smart Media Group’s CEO, Mark Catterall, is optimistic about their future projections.
He envisions the investment as a catalyst for expanding Smart Media Group’s prominence and advancing technological capacities.
Smart Media Group’s strategic investment serves as a vital stepping stone for its future growth and market dominance.
By expanding its digital footprint and workforce, the company positions itself as a leader in the UK’s media landscape.
