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by David Prior
Manchester ecommerce agency Space 48 is to boost its sales team and explore international opportunities after securing a cash injection from private equity investor Foresight.
The undisclosed investment will look to take the company - which has around 50 staff and is on track for in excess of £4m revenue in 2021 - through its next stage of growth .
Space 48 provides a full range of ecommerce consulting services to the likes of Ordnance Survey, Richer Sounds and Bettys & Taylors of Harrogate.
As part of the deal, Foresight will appoint a chairperson from the industry who will be instrumental in leading the business through its next phase of growth, driving operational efficiencies and exploring expansion opportunities.