Announced
Completed
Financials
Sources
Tags
Friendly
Private
Minority
Private Equity
United Kingdom
Completed
Acquisition
Domestic
ecommerce
E-commerce
Single Bidder
Synopsis
Foresight, a private equity investment manager, completed the investment in Space 48, a digital e-commerce agency. Financial terms were not disclosed. “The Company has grown organically since 2008 but, in order to take it to the next level, we decided to bring in a new partner to help realise our full potential. Foresight’s focus on growing UK businesses and its track-record of investing in eCommerce were key for us. As we look to expand our reach and breadth of customers for services, I am confident that the business will flourish with Foresight’s support," Jon Woodall, Space 48 Managing Director.
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