TeamRock wins award

TeamRock won an award at the Scottish Business Insider Deals & Dealmakers Awards ceremony held in Glasgow on 4 September.

Following its purchase of two leading rock music magazines from Future Plc and the development of a digital radio station, TeamRock won ‘Small to Mid-sized Company Deal of the Year’ – the category for a Scottish-based company with a turnover of less than £20 million. TeamRock is headquartered in Glasgow.

Commenting on the award, Timothy Sturm of Harwood Private Equity, said “We’re delighted that our investment in TeamRock has generated this award. Our decision to invest was based on the ground-breaking, market-disruptive nature of TeamRock’s business model and the quality of its management team, with whom we are looking forward to a close and fruitful relationship.”