KBS Corporate Finance Oversees the Sale of Chillibyte
The company is a digital marketing specialist, offering a comprehensive range of services to clients throughout the UK and the USA. Predominantly operating within the digital marketing sector, Chillibyte has established a prominent position within its industry and is held in high regard for the quality and reliability of its offering, which has ensured the longevity and strength of its client base.
Having built the business into an impressive international entity, the shareholders of Chillibyte, instructed KBS Corporate Finance with the sale of their business to achieve a reward for their success to date, and enable further growth under new ownership.
The opportunity attracted 129 interested parties, most of the interest coming from trade with some private investors and private equity interest. The successful offer came from Broadlight Group, as part of their current growth via acquisition strategy having previously acquired Generate UK.
Both key shareholders will remain with the business following the acquisition.
Guy Haynes, Corporate Director at KBS Corporate Finance, advised Chillibyte.