Wavefinder founders and investors regain control of business from parent company.

Wavefinder, who publish a range of surf and snow travel guidebooks, has also raised working capital from investors to fund the development of new titles and distribution channels, and explore new sponsorship and advertising opportunities.

“We are delighted to gain full ownership of this exciting company,” said Adam Coxen, who will be on the new board. “The Wavefinder brand is well-respected in the surfing and snowsports worlds, and the new team are putting in place an ambitious plan to develop the range of titles on offer by building on current strengths and developing new market sectors.”

Based in London, Wavefinder is the publisher of a range of bestselling range of sports and travel guide books and ‘how to’ manuals.

The company publish a series of pocket-sized Wavefinder surfing guidebooks covering Australia, Indonesia, USA & Hawaii, UK & Ireland, Central America and Mexico. Their Snowfinder ski and snowboard guides include titles on the USA and France, with titles on Canada and Austria currently in production.

Their latest release, Surfing: The Manual, is a ground-breaking guide to advanced surfing techniques written by the former editor of Surfer magazine, Jim Kempton.

The management buyout team was led by the founders of Wavefinder Ltd, Adam Coxen, Jeremy Goring and Jo Oliver, who will hold non-executive director posts in the new company. Investors include, among others, surf media specialist Jim Michell and twice-Pipeline Master Larry Blair. Legal advice to the buyer and management team was provided by Hugh Naylor of Denton Wilde Sapte.

The company has exciting growth plans for its existing product lines and to develop multimedia products and services, driven by the incumbent management team of Managing Director Tom Roberts and Operations Director Nick Rink.

The management team are keen to grow book sales - both through augmenting the current distribution network and developing wholesale trade sales. Distributors are currently sought for South Africa and for the UK specialist ski/snowboard retail sector.

Wavefinder Ltd offer a broad range of advertising and sponsorship options. Opportunities exist for display advertising in all Wavefinder and Snowfinder guidebooks - both in print and in download format - and online at www.wave-finder.com.

The company also offer the licensing of content for white label products to be distributed at special events or as part of marketing projects.