Quadrant Private Equity has sold 50 per cent of QMS Media’s sports media and technology division TGI Sport to US-based Bruin Sports Capital to push the company’s global expansion ambitions.

Under the deal, which is subject to regulatory approvals, Quadrant’s investment in TGI will be separated from QMS with group CEO Barclay Nettlefold to run the global company as TGI Sport Global CEO while QMS Media CEO John O’Neill will continue to run the outdoor media business. Mr Nettlefold will maintain his role as board director of QMS Media.