June 18, 2008 • News
London, UK, 18 June 2008 - The Custom Group & Castlist Ltd today announced that the companies have signed a definitive agreement under which the Custom Group will acquire an stake in Castlist Ltd, a leader in online community creation and events management for the entertainment industry. Terms of the transaction were not disclosed.
Castlist Ltd, based in London, is a strategic addition to the Custom Groups business. The acquisition will extend both the Custom Group’s online marketing and content creation capabilities and increase the company’s end user client base.
“The addition of Castlist Ltd will advance the Custom Group’s position as a market leader in corporate entertainment.” said Simon Craig, Custom Group Chairman. “Castlist Ltd’s unrivalled expertise in online content creation and community building, together with their unique and highly effective business model also extends our ability to deliver compelling products such as IP/TV Channels, workshop classes and publishing.”
“This is an exciting milestone for our company and we look forward to taking full advantage of the existing and far-reaching Custom Group infrastructure to create a new market leader for the entertainment industry.” said James Malach, Managing Director of Castlist Ltd. “The Custom Group’s global reach and worldwide customer relationships make it the ideal partner for Castlist Ltd. Our combined teams will create exciting growth opportunities for Castlist Ltd and our customers. We look forward to working with the Custom Group to ensure a rapid and seamless transition.”
About The Custom Group
The Custom Group is a multitude of Audio/Visual solutions for home and business. Founded by Simon Craig over 19 years ago, Custom has used their base as a leader in the communication industry to diversify into other areas through high tech knowledge of the cabling world. Working very closely with BSKYB as one of only three UK business partners, undertaking approximately 4000 installs or service calls daily, this has allowed significant investment in growing other sectors of the Group to provide a wider range of services to benefit all their customers.
About Castlist Ltd
Castlist Ltd is a provider of both innovative online community solutions and bespoke events services for the entertainment industry. Founded in 2004 by James Malach, Castlist Ltd has used their unique online infrastructure to rapidly become market leaders of Variety-based entertainment services to corporate clients and end users.