26 October 2011
Hangar Seven Takes Off With Catapult Investment
Creative production agency, Hangar Seven, supports the marketing needs of well known retailers and consumer brands, delivering services including photography, publications and advertising production.
Established by a team of highly experienced media professionals just over two years ago, the growth of Hangar Seven has been impressive. The company made its first acquisition in 2010 and now boasts market-leading facilities in London, South Manchester and Portugal, and works with numerous blue-chip clients, including B&Q, Adidas, DFS and WH Smith.
The £1m investment from Catapult Venture Managers (“Catapult”) will support further development of the facilities, expansion of the service offering, and provide the necessary working capital to sustain the Company’s recent exceptional growth rate over the coming years.
Having worked with the Hangar Seven team for well over a year before concluding the investment, Richard Bucknell of Catapult commented; “We got to know the team at Hangar Seven over some time, and built an appreciation of the entrepreneurial drive and the special culture which exists within the company.”
“The business has already built a strong position in the ‘home interest’ photography niche, we’re now looking forward to helping the team take full advantage of their latest venture into high volume fashion photography. This is a really exciting development for the Company and has the scope to add significantly to the business. “
“Andy Rosson and Nick Aldrich head up an exceptional Executive team, whilst Jeremy Middleton has experience of building substantial businesses in the Media space. Hangar Seven is a perfect example of a great investment opportunity for Catapult; a young, entrepreneurial business, which has proven its ability to grow profitably, but with significant further opportunity to develop, along with a team who are proven in the market.”
Hangar Seven Co-Founder and Director, Nick Aldrich commented, “We’re hugely excited by the opportunities ahead and, having a partner like Catapult on board, we’re able to push forward with greater financial stability as well as benefiting from the value-add we expect them to bring.
“Whilst the Media sector is relatively mature, we’ve developed an offering that presents clients with something different, which meets their needs in an innovative way and drives down the cost of maintaining their brand presence. We’re very encouraged by our progress to date and look forward to an exciting future.”