Mazars advises on the sale of Space 48 to Foresight

Our Deal advisory team is pleased to announce that it has successfully advised the shareholders of Space 48 Limited (“Space 48”) on their majority exit to Foresight LLP (“Foresight”).

Space 48 is a digital commerce agency providing services for online retailers and direct to consumer brands that are looking for fast growth or international expansion.

The business builds digital commerce platforms and delivers e-commerce and marketing strategies to its diverse portfolio of clients. The business originally specialised in the platform Magento, but over the last five years has moved to other market platforms such as Shopify & BigCommerce, who were named the EMEA Partner of the year 2020.

Why Mazars?

To keep pace with fast growth, we engaged Mazars to find a private equity partner to help accelerate planned growth. Mazars guided the creation of the information memorandum, presented suitable private equity partners and worked tirelessly to secure a deal that worked for all parties.

From our first meeting to completion, Dave, Joe and the Mazars team were trusted advisers by our side who were business-focused, diligent and great to work with. They have helped deliver a key project that makes a big difference to Space 48 and my family's future.

We will work together again in the future!

Jon Woodall Managing Director, Space 48

Get in touch 

If you would like any further information on this transaction or to understand how we can help support your business, please contact Dave Hilton at Dave.Hilton@mazars.co.uk.