Danny Dartnaill and Christine Francis of BDO LLP
This is a unique opportunity to acquire the IP assets of Blitz Communications Limited (in Liquidation) (“Blitz” or the "Company"), an award-winning audio visual (“AV”) production and events specialist with over 30 years of experience in the industry, which has partnered with some of the largest venues and most iconic institutions in the UK.
Key Market Data
Relevant Business Background
The Company was founded in 1989 to provide a range of specialist events and production services, including audio, visual and interactive technology for a variety of events such as awards ceremonies, product launches, exhibitions and theatre productions. Blitz became one of the leading AV service providers in the UK, and in 2014, the Company was acquired by GES, one of the world’s largest events management companies.
This acquisition enabled GES to combine Blitz’s AV services with its existing offering to provide a more comprehensive events management service to its customers. Prior to the COVID-19pandemic, Blitz was providing AV services to over 2,500 events per year and acting as the on-site partner for some of the UK’s biggest venues including ExCel London and Olympia London.
Due to the pandemic, the Company was unable to trade for over five months and as a result, experienced cash-flow problems that resulted in the Company entering a Liquidation process.
IP Assets For Sale
- Goodwill rights in the Blitz Communications brand;
- 4 registered trade marks protecting the Blitz brand name across NICE classes 37, 38, 41 and 42;
- The blitzcommunications.co.uk domain name and associated website content.