Hilco Capital Limited entered into a share purchase agreement to acquire Ig Design Group Americas, Inc. from IG Design Group plc (AIM:IGR) for $1 on May 30, 2025. In consideration of the transaction, IG Design Group will receive (i) a nominal upfront cash payment of one US dollar; and (ii) 75 per cent of any proceeds from the post Disposal sale or realisation of DGA or its assets by the Buyer, to the extent not utilised by the Buyer to provide working capital to DGA. For the financial year ended 31 March 2024, DGA reported audited revenue of $500.3 million and reported operating profit before tax of $4.9 million.
Stewart Gilliland will assume the role of Executive Chair. Canaccord Genuity Limited acted as financial advisor to IG Design Group Plc. Luke Lado and Joel Wheeler of Greenberg Traurig, LLP acted as legal advisor to Hilco Capital Limited.
