Crown bought Acclaim out of administration: update

Acclaim went into administration before being bought by Crown Business Communications in August, Event can reveal.

Acclaim was in administration when it was bought by Crown
Acclaim was in administration when it was bought by Crown

According to its records at Companies House Acclaim owed creditors £1.3m in 2008, and this year Portland was appointed as administrator and given the task of finding a buyer.

"We were part of two companies bidding for Acclaim and we won," said Crown managing director Nicky Havelaar.

"We have agreed to buy Acclaim’s assets, staff and business contracts, I don’t know if they are still in debt to creditors."

Acclaim's managing director Simon Hambley is now sales director at Crown and all 16 staff have moved into the Crown offices.

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