AKD advised Newion Investments Capital Early Work Placement Fund
during the investment in 24i Unit Media B.V. Newion acquired a
minority shareholding with this investment.
24i Unit Media was founded in 2009 and primarily focuses on the
development of TV apps for a range of devices, such as smart TVs,
game consoles, tablets, and mobile telephones. The clients of the
company include Pathé, RTL, Nubeox, and FOX Sports, and it is still
run by its two founders. They will continue to be involved in the
management of the company after the investment.
24i Unit Media currently has branch offices in Amsterdam,
Barcelona, Buenos Aires, and Los Angeles. With this investment the
company is aiming to boost its turnover and its international
expansion. Newion believes the market for TV apps is an
international growth market and was keen to support the
international growth of 24i Unit Media with this investment.
The team of AKD was led by Nathalie van
Woerkom and also included Angelique Martens,
Rosanne Vlasveld, and Robert Vodegel.