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QMS to separate from TGI Sport with stake sold to Bruin Sports Capital

March 23, 2021 11:08

QMS Media is separating from its sports media and technology division TGI Sport, with owner Quadrant Private Equity selling 50% of the business to Bruin Sports Capital.

TGI Sport’s new strategic partnership with US-based investment and operating company Bruin aims to further the company’s global expansion and commercial growth, and will see Quadrant’s investment in TGI separated from QMS.

If approved by regulators, the deal will see Barclay Nettlefold take on a new role as TGI Sport Global CEO, while John O’Neill will remain as CEO of the QMS Australian outdoor media business.

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Zanda Wilson was a reporter and podcast producer at Mumbrella, specialising in radio reporting. He left Mumbrella in September 2021.

Topics
Barclay Nettlefold Bruin Bruin Sports Capital Jonathan Pearce QMS QMS Australia QMS Media Quadrant Private Equity TGI TGI Sport
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