THE OPERATION
In December 2019 Nexxus partners with 24.7’s founders and executives, Ivo, Gordon and Gloria with the objective of consolidating the company’s leadership in the Iberian Peninsula and boosting its internationalization.
THE COMPANY
Founded in 2004, 24.7 is the leading service company in Spain in the production of advertising spots for major campaigns for leading international brands. The Company offers a global coordination service for audiovisual productions, from the identification and management of locations, the selection of talent to the recording of scenes. It has the most extensive network of offices in Iberia, with presence in Madrid, Barcelona, Palma de Mallorca and Lisbon. Outside the Iberian Peninsula, it operates locally in Poland. IN 2019, 24.7 received the Business of the Year award from European Business Awards.
INVESTMENT DATA
- Investment date: December 2019
- Headquarters: Madrid
- Number of employees: 19
- Sales: €30m
