Completed sale
How New Star Media Business Services Was Sold to Cloudstream Technology
New Star Media offer web design and digital marketing services to industry leaders.
New Star Media differentiate themselves from their competitors by providing personalised services, ranging from custom built websites with extensive included features to stock automation services. This bespoke level of operations has led to them earning a great reputation both with customers and within the industry.
Sara Thomasson, Knightsbridge Commercial Manager, was instructed with the sale in order to allow the business owners to pursue their other business ventures.
Knightsbridge implemented an extensive research strategy resulting in a range of interest. This was strengthened by Knightsbridge reputation, which resulted in a previous client seeing our marketing and acquiring New Star Media.
Sara Thomasson negotiated a 4x multiple deal value. New Star Media was acquired by Cloudstream Technology as part of their expansion strategy.