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Announced

Completed

Better Collective completed the acquisition of Skycon for £45m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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United Kingdom

Media Agencies

Acquisition

Cross Border

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advertising services

Single Bidder

Private

Friendly

Completed

Synopsis

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Better Collective, a developer of educational platforms, completed the acquisition of Skycon, an advertising company, for £45m. “We have invested heavily in growing our paid media division to reach its current significant scale, while we also have invested in moving revenues to recurring revenue share contracts,” Jesper Søgaard, Better Collective Co-Founder and CEO.

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