Summary
Imaginet, an award-winning digital agency based in Cardiff, has been successfully acquired by Vesta Software Group, an Oxfordshire-based operator of independently managed software brands. This acquisition marks a significant collaboration, with both parties emphasizing a strong cultural alignment and a shared vision for future growth.
Summary of transaction details:
- Value: Not disclosed
- Sector: Software & SaaS / Digital Agency
- Advisor: KBS Corporate Transaction Adviser
- Key Entities: Imaginet (Target), Vesta Software Group (Acquirer)
- Location: Cardiff, UK (Target) / Oxfordshire, UK (Acquirer)
Note: Vesta Software Group's acquisition of Imaginet is intended to bolster its position within the digital landscape by integrating Imaginet's established expertise in web development, cloud solutions, data, AI, and cybersecurity, ultimately expanding its portfolio of high-quality solutions and client base.
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Original Source
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