Case Study: 5fifteen
- Deal size:
- Company Sales & Acquisitions
- Deal completed:
- July 2016
Established in 1999, 5fifteen provides 100% web based agile advertising and content managed services. They deliver collaborative advertising sales management, analytics and native CRM integration specifically for multi-channel media companies.
Ingenta is the world leading provider of content solutions that transform business. They cover the publishing process from end to end with their suite of commercial products, CMS and advertising solutions and content services packages.
The sale will allow Ingenta to strengthen its product portfolio and strategically build on its existing plans to diversify its client base, extending its offering into the media industry, in addition to trade and academic publishing markets.
Rod Fenwick, Founder and Managing Director of 5fifteen comments, “Darren was involved in the business from the start and more recently helped us negotiate an agreement with the bank. The project management of the sale process was first class and the Meridian team were great to work with.”
Darren Thompson, Director at Meridian comments, “I have known Rod and the team since their MBO in 1999 where I was originally involved and am delighted with the sale.”