A team of HPP’s transaction lawyers led by partner Antti Säiläkivi advised the sellers of Red Green Blue RGB Oy (“RGB”) in the sale of the company to Bright Group, owned by the funds managed by CapMan Plc and the management.
RGB is the leading Finnish event technique company providing complete AV solutions for different kinds of events in Finland and as well elsewhere in Europe. RGB’s areas of expertise comprise cameras, projectors, led screens, plasma displays and several different screen control systems. RGB is specialised in providing these services particularly to various corporate and sports events as well as festivals.
After the acquisition of RGB, Bright Group encompasses Eastway Pro and Moving light, companies specialising in planning and execution of event technique, event marketing companies Eastway Impact, Tapaus and Boogie Marketing, Eastway Live, a company arranging concerts and other public events as well as Menolippu, a company selling event tickets. In Sweden, the biggest Bright Group company is Starlight AB and in Norway, Avab Cac AS.
Bright Group is owned by funds managed by CapMan Plc together with the Nordic management. After the acquisition of RGB, the turnover of Bright Group totals to approximately EUR 90M.
You can read more about the RGB-transaction in Finnish via the following link: