$64m sale of StitcherAds to Kargo Global Inc.

Software & TMT
Written By Catriona Barry

Pegasus Capital has advised Betapond Limited T/A StitcherAds on its sale to US company Kargo Global Inc.

StitcherAds is a leading paid social advertising platform empowering advertisers and agencies to scale full-funnel performance marketing campaigns on Facebook, Instagram, Snapchat, Pinterest, and TikTok.

Kargo Global Inc. is the leader in creating mobile advertising experiences that elevate brands and motivate customers. Kargo’s advertising partners fill the ranks of the Fortune 500 and its invitation-only editorial marketplace sets the standard for quality content and reach.

“Pegasus Capital provided critical advice and infrastructure throughout the M&A process. We could not have gotten the deal done without them”

Declan Kennedy
CEO & Co-Founder Stitcherad

stitcherads.com

  • Year: 2021

  • Sector: Technology

  • Terms: US$ 64m

Further Transactions

Featured
Multihog Limited Investment Round
Manufacturing
Multihog Limited Investment Round
Manufacturing

Year: 2023
Sector: Manufacturing
Terms: Not disclosed

Multihog Limited is focused on the design and manufacture of compact multi-purpose tractors, particularly for municipal, airport and commercial use.  The range of applications for its product range includes street sweeping, snow clearing, hedgerow cutting, mowing and surface cleaning.  The Company exports to c. 30 countries and will launch an electric powered model in 2024.

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Manufacturing
Alkimii funding round led by SaaS Capital
Software & TMT
Alkimii funding round led by SaaS Capital
Software & TMT

Year: 2023
Sector: Software
Terms: Not disclosed

Alkimii Limited has developed a software platform focused on serving the needs of hotel operators in terms of managing their labour and property costs.

Its clients include Dalata, the largest hotel chain in Ireland, as well as a number of other hotel groups and independent operators. It has a leading position in Ireland and is increasingly focused on expansion in the UK and US markets.

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Software & TMT
Sale of John Spain Associates Ltd. to ORS Ltd.
Business Services
Sale of John Spain Associates Ltd. to ORS Ltd.
Business Services

Year: 2023
Sector: Business Services
Terms: Not disclosed

Pegasus Capital advised John Spain Associates Limited (“JSA”) in its sale to ORS Limited (“ORS”), a company backed by Irish private equity fund, Erisbeg.

JSA is one of Ireland’s leading planning consultancies, with extensive experience of the country’s planning systems.

The integration of JSA’s expertise into ORS will significantly bolster its capacity to deliver comprehensive and innovative solutions across the planning and construction domains.

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Business Services
Catriona Barry
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