Space 48, a leading UK eCommerce agency has secured investment from Foresight, a leading independent infrastructure and private equity investment manager to support the business through its next stage of growth.
Manchester-based eCommerce agency for online retailers in the UK and Ireland
Growth plans include expanding sales development, 合作伙伴关系, creating new jobs and exploring international opportunities
十大网博靠谱平台，2021年2月8日
Space 48, 在其13年的历史中, has provided a full range of eCommerce consulting services for its clients, with a focus on designing solutions to improve end-customer experiences and drive online sales. This includes eCommerce design experience, 工程, 平台的改进, growth marketing and eCommerce consultancy. Having a long track record as an independent advisor across leading eCommerce platforms including BigCommerce, Magento和Shopify, Space 48 offers a differentiated proposition in the market due to the breadth of its eCommerce platform relationships. Space 48 is known for its high-quality work as demonstrated through its organic revenue growth, 过去两年上涨了25%以上, 强大的客户渠道.
The investment provides a launchpad for an exciting period of growth not only for Space 48’s business expansion, but for enhancing its breadth of services and capabilities to clients, creating new 合作伙伴关系 with industry-leading ecommerce solutions, and opening up recruitment opportunities. The aspects that Space 48 is known for, 对客户的信任, 它的文化, and great relationships with its partners will only be strengthened by the investment from Foresight Group LLP.
“The Company has grown fully organically since 2008, but in order to take Space 48 to the next level, we decided to bring on a new partner to help realise our full potential. Foresight’s focus on growing UK businesses and its track-record investing in eCommerce was key for us. As we look to expand our reach and breadth of services for customers, I am confident that the business will flourish with Foresight’s support.” 乔恩·伍德奥他是Space 48的总经理.
The eCommerce agency market represented c.£1.5bn sales in the UK in 2019 and is projected to continue to grow by 7% annually through 2024. The general view is that COVID-19 accelerated the shift towards online platforms and consumers will maintain new online purchasing habits in the long-run. As retailers increasingly focus on driving online sales channels and improving customer experiences by investing in eCommerce technologies and infrastructure, an agency like Space 48 is well-positioned to help ambitious online retailers thrive.
Having already seen growth as the shift in consumer demand for online retailers increases, Foresight's investment comes at the perfect time to drive further growth across the business, with plans to develop the sales team, 市场策, and explore international opportunities. 也, as providing more opportunities for its current employees’ career progression, and creating new jobs in the market.
马修Pomroy, 远见投资总监, added: “Jon and the team at Space 48 have built a very strong business from the ground up and have become one of the most reputable companies within the sector. Evidenced by the feedback and long-term relationships with its customers, 很明显Space 48的质量, range of services and value-add insights are key drivers for customers’ trust. We believe the growth in eCommerce will remain robust and Space 48 is well positioned to become one of the market leading eCommerce agencies.”
