KBS Corporate Oversaw the acquisition of Go Media Limited
Go Media Limited, which recently rebranded as Oomph Works Ltd, is a boutique software house, offering a comprehensive range of bespoke web, app and business systems to its clients throughout the UK.
Go Media Limited, which recently rebranded as Oomph Works Ltd, is a boutique software house, offering a comprehensive range of bespoke web, app and business systems to its clients throughout the UK. The company was founded in 2007 and commenced trading, quickly establishing itself within its sector and building up relationships with new clients.
Paul Norton, the majority shareholder of Go Media, approached KBS Corporate, with the sale of their business in order to enable growth under the impetus of a new owner. During initial discussions, it became apparent that staff retention was of high importance.
The opportunity drew high levels of interest attracting 65 interested parties, with a wide spread of interest from overseas and trade buyers and investment buyers. The successful offer came from ACI Group.
Commenting on the business acquisition, Karsten Smet, Director of ACI Group, said: “With the acquisition of Oomph Works Ltd, ACI Group is developing an AI-powered real-time SaaS data solution that incorporates all aspects of both traditional and non-traditional supply chain elements, so SMEs can easily build resilience and minimise the impact of active and potential real-time disruptions.”
Charles Needham, Corporate Deal Executive at KBS Corporate, advised Go Media Limited.