ACP Altenburg Advisory is delighted to have supported Broadlight Group (“Broadlight”) in raising debt funding to complete two acquisitions.
Broadlight is a group of like-minded B2B marketing agencies working with start-ups and established businesses that require growth focused digital marketing and sales outreach.
In December 2021, Broadlight completed the acquisition of Generate UK, a 22-person multi-discipline agency, and in March 2022, they completed the acquisition of Pixal, a digital advertising agency specialising in Pay-per-Click (“PPC”), Facebook and LinkedIn.
Altenburg Advisory helped structure and arranged a term debt facility as well as a committed line for future acquisitions.
Kieran Monteil, Director at Broadlight Group commented:
“We are really pleased to have secured this funding package which has enabled us to acquire Generate and Pixal and that also supports our further growth plans. Altenburg Advisory were invaluable in supporting the acquisition of both businesses”
Dan Barrett, Partner at Altenburg Advisory commented:
“We are delighted to have supported Kieran and the Broadlight team on the funding of these two acquisitions, the group is well positioned to continue to acquire complementary agencies”
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