We are pleased to announce that we have been acquired by Investcorp, a leading global provider and manager of alternative investment products. Terms of the transaction were not disclosed.
Through the proprietary approach known as Connected Content, Investis Digital unites compelling communications, intelligent digital experiences, and performance marketing to help its clients build deeper connections with audiences and drive business performance. This investment marks a new chapter in Investis Digital’s history, allowing the company to bring its wealth of experience, sector-based knowledge, and innovative technologies to more brands across the world.
The investment by Investcorp represents a full realization for the UK's leading growth-focused private equity firm ECI Partners (ECI) for a return of 2.6x. The partnership has supported Investis Digital’s international strategy, and today Investis Digital has offices in six countries and nine global offices, including New York, London, Phoenix, Helsinki and Vadodara, India with more than 500 employees worldwide.
Richard Chapman, Partner at ECI Partners, comments, “It has been a pleasure to work alongside Don and the team, helping to develop Investis Digital’s global proposition. We believe Investis Digital is now a global business well-positioned to continue along its impressive growth trajectory and make the most of the opportunities that increased adoption of digital communications can offer. We would like to thank the team for such a successful partnership, and we wish them all the best for the future.”
During the partnership with ECI, the company acquired Zog Digital, Vertical Measures and Microserve which bolstered its digital capabilities, especially in the US. Over the last three years, the company has trebled its EBITDA and with the additional capital, intends to accelerate product innovation, enhance client service and delivery, and expand market presence.
“We are so grateful to ECI for their partnership and for helping us power our digital communications strategy with our Connected Content approach and for investing in our proprietary enterprise grade technology platforms over the past six years” said Global CEO Don Scales. “As we look to our longer-term vision for the future, we are excited and optimistic for the support and breadth of experience Investcorp will bring in the next phase of our evolution and the enhancements to the services we will be able to offer our clients.”
“We are delighted to be partnering with Investis Digital as the company moves into its next growth phase. Leveraging on a unique blend of expertise and technology, Investis Digital has established itself as the partner of choice for corporates seeking to enhance their digital footprint. Fragmented regional markets, increasing demand from corporates for full-service digital communications providers, and the overall rise in awareness of the importance of digital channels makes Investis Digital well-positioned for growth through M&A, product diversification and a focus on cross-selling. We look forward to partnering with the exceptional management team to support the business in realizing its growth ambitions”, said Jose Pfeifer, Managing Director of Investcorp’s European Private Equity group.
Since its inception, Investcorp has made approximately 200 private equity investments in the US, Europe, the Middle East and North Africa region and Asia, across a range of sectors.
Raymond James served as exclusive financial adviser and Osborne Clarke as legal adviser to ECI Partners and Investis Digital.