Bristol-based technology firm acquired by global player
Microserve, a Bristol-based digital marketing agency specialising in end-to-end digital experiences, has been acquired by Investis Digital, a leading global digital communications company.
The corporate finance team at PKF Francis Clark advised Microserve’s shareholders on the sale of the business to London-headquartered Investis Digital, owned by private equity group ECI Partners.
Dan McNamara, managing director at Microserve, comments: “We are so pleased to be joining the Investis Digital team, especially during a period of growth. The opportunity to work alongside great talent, access a wider client base and leverage our capabilities to accelerate their Drupal capabilities made this partnership the right choice.”
PKF Francis Clark’s team comprised Nick Tippett and Stuart Rogers. Nick comments: “Microserve is a great example of the high calibre of business based in Bristol, particularly in the technology sector. With our Bristol office, we were well placed to advise the shareholders on the transaction and provide them with specialist taxation advice as part of our role.
“Despite the continued uncertainty, we are seeing active acquirers looking for strategic purchases of high quality businesses, particularly in sectors that have performed well during Covid-19.”