SPORTS outside broadcasting company Telegenic Ltd has been sold to its management team for an undisclosed sum.

Law firm Hewitsons of Cambridge corporate finance team acted for the shareholders of Telegenic in Lancaster Road, High Wycombe, with the sale.

Telegenic was formed in 1980 by David (Rocket) Barber and Mike Spencer andspecialises in providing facilities for Sky and other TV broadcasters, including rugby at Twickenham.

Mike said: "The deal was driven by them in an efficient and commercial manner."

Hewitsons' solicitor Mark Gearing said: "The company can now focus on a further period of growth with the introduction of high definition digital broadcasting by customers such as Sky."

City firm Shadbolt & Co acted for the management team. Barclays Bank provided the debt finance.