Digital eCommerce agency, Space 48 Limited, has acquired Brave the Skies, a York-based provider of eCommerce development and consultancy services.
The acquisition has been made possible by the support of regional private equity investor Foresight Group, who invested in the company in February 2021; enabling the company to take on its next phase of growth.
The management team of Space 48 have known Brave the Skies for several years and Jon Woodall, Space 48’s CEO, has built a strong relationship with its founders. There are numerous synergies between the two companies that support the acquisition, including a shared commercial focus on sectors including fashion, health and beauty, and home and garden and expertise in key industry platforms such as Shopify Plus and Big Commerce.
Brave the Skies is owned by Ryan Atkins, with day-to-day operations overseen by Managing Director, Lucy Roberts. Lucy will continue to lead the fifteen person Brave the Skies division within the combined group.
Matthew Pomroy, director at Foresight, said: “This acquisition represents a key milestone in the evolution of Space 48. This talented team has gone from strength to strength since our initial investment, and with Brave the Skies now on board the future is incredibly exciting.
“The service available to customers has already been enhanced with the increase in headcount at Space 48, and a further enlarged group will be able to offer additional resource and expertise across the key platforms of eCommerce.”
Commenting on the acquisition, Jon Woodall, Managing Director of Space 48, said: “Since Foresight came on board, our business has taken significant steps forward. Our customer offering has improved as our team has expanded and, with Brave the Skies joining us, the future is very bright. I’ve known the brilliant Brave the Skies team for many years and I’m confident the synergies between our respective businesses will result in an enhanced service that will propel forward what can be achieved in eCommerce.”
Lucy Roberts-Mitchell, Managing Director of Brave the Skies, said: “Brave the Skies and I are excited to have the opportunity to join and work alongside the Space 48 team. We share a lot of core values with Space 48, including a strong focus on Crew and Client Experience alongside striving for excellence in our fields of eCommerce.
“I feel very privileged to be surrounded and supported by such a talented Crew of individuals at Brave the Skies and with the involvement of Jon, Hannah and the Space 48 team I look forward to seeing what the future holds.”
