![]() Qubo president Rick Rodríguez (who formerly served as a programming executive at Discovery Communications) stated in a 2008 interview with Multichannel News that Qubo was designed as a bilingual brand, offering programming in both English and Spanish (with the latter's audio available through the SAP audio feed on most programming, along with the "CC3" closed captioning channel for Spanish text). The brand would encompass programming blocks on NBCUniversal and Ion's respective flagship broadcast television networks ( NBC, Telemundo and Ion Television), a video on demand service, a website, and a standalone 24-hour network to be carried as a digital subchannel on terrestrial television stations owned by Ion Media Networks and by pay-TV providers. In May 2006, Ion Media Networks, NBCUniversal (which owned a 32% interest in Ion Media at the time), Corus Entertainment, Scholastic Corporation and Classic Media (now part of NBCUniversal's DreamWorks Animation) announced plans to launch a new, multi-platform children's entertainment brand known as Qubo, oriented towards providing "educational, values-oriented programming" targeted towards children between 5 and 14 years of age. Scripps Company, it ceased operations on February 28, 2021. Owned by Ion Media, it consisted of a 24-hour free-to-air television network often mentioned as the "Qubo channel" (available as a digital terrestrial television service on owned-and-operated stations and some affiliates of corporate sister Ion Television, as well as on some pay-TV providers), associated website with games and programs available through video on demand, and a weekly programming block on Ion Television, along with Ion Life, later known as Ion Plus.įollowing Ion Media's acquisition by the E. Qubo ( / ˈ k j uː b oʊ/ KYEW-boh stylized as qubo) was an American television network for children between the ages of 5 and 14. ![]() Advisers to Troy UK were Paul Bevan (Breeze Corporate Finance), Matt Eves, Dave Guy and Hannah Nonas (EY) and Mark Rutherford and Anna Mayfield (Gateley plc).September 9, 2006 16 years ago ( ) (programming block) Simon King, non-exec chair of Troy, said: "I'm excited to be joining the board of Troy, working alongside the wider team and BGF to capitalise on significant market opportunities and to position the business for further growth."Īdvisers to BGF on the transaction were Tim Roberts, Martin Davies, Rachael Ruanne and Amy McVey (Burges Salmon), Tom Ayerst and Jack Jones (PwC). "We are delighted to be working alongside Paul and Simon and look forward to supporting the business to deliver on its ambitious growth plans." Skade added: "This is a great opportunity for BGF to invest in a thriving national business network with an excellent reputation and a huge potential for growth. The £15.5m investment deal was led by James Skade and Hannah Waters, investors in BGF's Bristol-based South West team. We are confident that with BGF as key allies we will maintain our growth trajectory and realise the company's ambition." Kilbride said: "To deliver our strategy of structured growth, we required a minority investment partner that recognised the capabilities of Troy. Troy has appointed former Wickes chief executive Simon King as non-executive chair, following an introduction from BGF's Talent Network. In addition to the investments the group has made within the membership over the last five years, there is also a "significant pipeline of opportunities" identified post-investment. ![]() ![]() Under the leadership of Paul Kilbride, who acquired Troy in 2010, the business has experienced rapid growth and is now one of the largest independent distribution networks in the UK's industrial and engineering sector turnover of more than £300m.īGF's financial support will further accelerate the company's growth strategy. An Exeter-headquartered independent network for industrial and engineering supplies in the UK has secured a £15.5m investment from BGF to support its acquisitive growth strategy.įounded in 1986, Troy is an independent maintenance, repair and overhaul (MRO) product distributor operating nationwide via its distribution centres and buying group of 400-plus members.Ī range of sectors are serviced including general manufacturing, rail, renewable energy, automotive, medical, aerospace and trade. ![]()
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