Published: November 4, 2025 at 8:35 am
Next 15 has confirmed that it is in discussions to sell its PR and marketing divisions amid media speculation of a potential £230 million swoop.
Sky News reported that private equity firm Epiris is eyeing a £230m swoop for several of the London-listed tech and data-driven growth consultancy’s divisions.
The potential deal is said to include PR firms MHP Communications and Outcast, marketing company M Booth and Activate, a demand generation specialist.
Sky said Epiris, based in London and which owns restaurant chains Las Iguanas and Cafe Rouge, had approached Ares Management to help finance any potential bid.
The speculation follows a period of transition at the consultancy, which issued a profit warning this year and saw long-serving boss Tim Dyson retire in June after 33 years in charge.
In August we reported how Next 15 is to permanently cease operations at its Silicon Valley venturing arm Mach49, a unit acquired in 2020, after it uncovered ‘potential serious misconduct’ there in June.