PROCAM acquires competitor Hammerhead TV18 September 2013
UK hire company PROCAM has acquired competitor Hammerhead TV, enabling the company to expand its operations into Scotland.
Hammerhead TV, with offices in Glasgow and Edinburgh, has been a major player in the Scottish broadcast hire market since 1988. The company has provided crew and equipment for such shows as The Secret Millionaire, Britain’s Next Top Model, and Dragon’s Den. London-based PROCAM aims to build on the foundations laid by Hammerhead to grow the Scottish sector and maximize the economic potential of the Scottish industry.
John Brennan, Group CEO of PROCAM said, “Our customers tell us they want a consistently high level of service and equipment, wherever they’re filming. We’re on a mission to make that a reality. Today’s news shows how we’re investing to extend the reach of the PROCAM offer across the UK. Together with organisations like Creative Scotland, we’re confident we can make Scotland an even more attractive option by delivering a first class infrastructure for broadcasters and production companies.”
Hammerhead TV’s Client Sales Manager, Phil Mews, said, "To be part of the largest broadcast hire company in the UK is hugely exciting. This acquisition provides new opportunities for all those involved, including staff and clients.”
PROCAM has supplied camera crew and equipment to broadcasters and production companies for over 20 years. The company is a preferred supplier for BSkyB and an approved supplier for BBC and ITV. The acquisition was led by PROCAM’s Group CEO, John Brennan and backed by private equity firm, Foresight Group.
Clive Jones CBE, the newly appointed Chairman of PROCAM, said of the purchase, “Scotland has a rich history in the broadcast market, but its true potential hasn’t always been fulfilled. I believe PROCAM, led by John Brennan, will change this by using its expertise and networks to bring new opportunities to Scotland’s broadcast market – it’s a hugely exciting period for both PROCAM and Scotland.”