Gorvins Solicitors has advised on the successful sale of Imagine FM to Like Holdings and Helius Media as a joint venture.
Christian Mancier, corporate partner at Gorvins, stated “It has been a pleasure to work with the Imagine FM team over the past 10 years, having worked on the original acquisition of Imagine FM back in 2008. I wish Imagine FM every success going forward and look forward to welcoming Like Holdings and Helius Media to Stockport.”
The station was previously part of the UTV Radio / Wireless Group network but has been locally owned and operated for the last ten years by Mondiale Media and located in the famous Strawberry Studios. It was most recently branded as Imagine FM.
Imagine Radio will be immediately be seeking a new home within Stockport, to coincide with the expansion and development plans for the station. The new owners are currently recruiting additional Sales Executives to expand the current team.
The new Director Michael Taylor said “I would like to thank Mondiale Media for providing Like Holdings and Helius Media with this opportunity. We look forward to working with the existing team to implement our exciting plans. It really is exciting times ahead!”
Former Imagine FM Chief Executive Paul Taylor added “This is exciting news for Stockport, we have had a fantastic 10 years with Imagine and we wish Like Holdings and Helius Media all the very best with their plans for expansion as they continue to ‘fly the flag’ for the town.”
Christian Mancier advised the sellers on the transaction assisted by his team, which included associate solicitor Gemma Lingard and paralegal Chloe Murphy.