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Investor backed management buy-out at Splash News – growth strategy in place

Photo agency Splash News has new owners today after a management buy-out of the agency previously owned by SilverHub Media.

The new management team of John Churchill, CEO, Danny Hayward, Director of Global Content and Simon Bridger, Global Digital Solution Director, previously behind the Flynet Pictures agency in the UK, will work in partnership with Rcapital, the company who have backed the management buy-out, to invest and develop the Splash News business which was established in 1990.

They Say: The global team at Splash has a wealth of experience. The UK editorial team is led by John Edwards, former picture editor of the Sun Newspaper, and Ian Down, former picture editor of the Daily Mirror. The USA editorial team is led by Aaron St Clair and Mat Sanchez who have been with Splash for many years. Splash works with over 2000 photographers and videographers and has close relationships with print, web and TV media owners around the world, selling over 500 exclusive images each month.

John Churchill, CEO of Splash News told this morning: “Today’s announcement marks an exciting new era for Splash News. Rcapital’s support brings with it financial stability and a wealth of expertise when it comes to growing businesses.”
Chris Campbell, Investment Director at Rcapital said: “Splash News has a great track record and reputation. The management team has a clear vision for the future and our support to help them deliver sustainable growth.

PAN notes:
• The growth strategy for the agency will focus on the US, UK, Australia and Germany where the agency already has an established footprint – more on this I am sure over the next few weeks here on PAN.
• View the all new Splash News website
• Silverhub Media hit administration last week.


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