Smart Media Group is on the cusp of an exciting new chapter. A recent significant investment is set to propel the company’s market share and workforce expansion considerably.
This seven-figure investment, led by M Core Ventures, will help Smart Media Group enhance its presence across the UK and Europe. The group expects this financial boost to support the growth of its various subsidiaries and increase its UK footprint.
Smart Media Group’s Expansion Plans
Smart Media Group is poised for remarkable growth after securing significant investment. The seven-figure sum was led by M Core Ventures, allowing the group to bolster its presence in the UK and Europe.
This investment will help Smart Media Group, the parent company of Smart Outdoor, Smart Vision, Smart Communications, and Smart Media Buying, to accelerate its market presence. With this backing, the company aims to expand its reach across the UK and Europe.
Job Creation and Market Presence
Currently, Smart Media Group employs 27 staff. However, with the new investment, the workforce is set to increase by around 15 within the next year.
Smart Outdoor, a key subsidiary of Smart Media Group, is the leading provider of large-format digital out-of-home (DOOH) advertising screens in the North East of England. This growth will considerably strengthen its market position.
Digital Estate Expansion
The digital estate, which includes 450 screens across the UK, is expected to grow significantly.
Prominent locations like Tyne Tunnel, Tyne Bridge, A19, and Murrayfield stadium will see the addition of more screens, aiming for 2,000 screens by the end of 2025.
This expansion will also benefit Smart Vision, which supplies both large and small format LED screens to various sectors including hospitality, sport, retail, travel, and manufacturing.
Strategic Investment from M Core Ventures
M Core Ventures is a part of a pan-European property collective, boasting a combined portfolio valued at over £5.3 billion.
Advising on the investment were key figures such as Nick Johnson from RG Corporate Finance and legal experts Alex Wilby and Ellie Bradshaw from Swinburne Maddison LLP.
This strategic partnership is expected to bring substantial benefits to both Smart Media Group and M Core Ventures.
Leadership Insights
Mark Clancey, Chief Commercial Officer of Smart Outdoor & Smart Media, emphasised the significance of this investment. He highlighted the potential to create a North East media hub.
Clancey said, “This partnership empowers us to grow and futureproof our business, creating a North East media hub and investing in local talent to drive us forward.”
CEO Mark Catterall shared his enthusiasm, stating, “This investment will enable our estate to become one of the largest in the UK. We are thrilled by the partnership and excited to see its impact on the North East.”
M Core Ventures’ Perspective
Max Percy, CEO of M Core Ventures, expressed delight in partnering with Smart Media Group.
Percy added, “We are excited by the scalability of the DOOH market and see significant synergistic benefits in our partnership.”
Advisors’ Views
Nick Johnson from RG Corporate Finance commented on the growth potential for Smart Media Group.
Johnson stated, “Attracting high-quality investors aligns with Smart Media Group’s strategic vision, positioning them well for further growth. We look forward to supporting their journey.”
Alex Wilby from Swinburne Maddison echoed similar sentiments, noting the pleasure in supporting Smart Media Group’s shareholders and the anticipated technological advancements benefiting other businesses.
Future Outlook
Smart Media Group is now well-equipped to expand its footprint in the advertising and media landscape.
With substantial investments, the company aims to capitalise on growth opportunities and technological advancements, potentially becoming a dominant player in the industry.
Community Impact
The company’s focus on local talent and investment in the North East is expected to bolster the regional economy.
This strategy not only benefits Smart Media Group but also has positive implications for other businesses and sectors in key locations.
In conclusion, Smart Media Group is set for an era of significant growth thanks to strategic investment from M Core Ventures. This partnership will not only enhance their digital presence but also bolster local employment and technological advancements.
The future looks promising for Smart Media Group as they aim to become one of the UK’s major players in the advertising and media industry. With targeted expansions and a focus on local talent, the company is well-positioned for a prosperous future.
