03 March 2016
Ciesco Group advises on the sale of Stream:20 to CACI
Ciesco Group acted as exclusive financial advisors to the Shareholders of Stream:20 Limited on the sale of their business to CACI Limited.
Ciesco Group is pleased to announce the successful completion of its most recent transaction, advising the Shareholders of Stream:20 Limited (“Stream:20”), a specialist digital consultancy based in the UK, on the sale of their business to CACI Limited (“CACI”), leading providers of marketing, technology and consultancy services.
Stream:20 is a specialist performance-driven digital marketing and data & analytics consulting firm. With additional offices in San Francisco, Munich and Amsterdam, the company provides data-driven insights, strategy development & execution in digital transformation, for some of the world’s leading organisations including News UK, Sky, Microsoft, Sony and Vodafone.
CACI offers a range of marketing solutions and information systems to a wide range of industries across both private and public sectors. With its combined offering of data, technology and consultancy, CACI was selected as the ideal partner for Stream:20, offering complementary data capabilities and technology expertise together with a strong cultural fit. Stream:20 will join CACI’s Integrated Marketing Group which enables clients to create an integrated customer experience through a range of services including consumer data, marketing technology and database implementation, campaigning services, analytics, and website design & build.
Chris Sahota, CEO at Ciesco Group, comments: “We are delighted to have worked with a business as unique and forward thinking as Stream:20 over a number of years in our capacity as advisors, supporting them in the growth of their UK operations and expansion into the US, and ultimately advising them on this transaction. CACI Limited is part of CACI International Inc., the NYSE-listed group with a market cap of over $2.5 billion. CACI in the UK has a strong and established consumer marketing software and data business that will enhance Stream:20’s service offering. They are well positioned to leverage the skill sets within Stream:20 and to support their future growth and international expansion.”
Serge Milbank and Matt Barker, Joint Co-Founders and Joint Managing Directors of Stream:20 added: “Ciesco Group were the ideal advisory partner for us and their support was invaluable throughout the whole process. Ciesco’s deep knowledge of the digital, technology and marketing sectors was crucial as they helped us understand how best to leverage our unique position, and their access to the buyer landscape was a key factor in achieving a great result for everyone involved.” (EXAMPLE ONLY – needs sign-off from Serge/Matt)
This transaction further highlights Ciesco Group’s continued strength in the media, marketing, digital and technology sector. An outlook for the industry can be found in Ciesco’s 2015 Global M&A Review published earlier this year.
For more information, please contact Chris Sahota or Afsor Miah on 020 3771 3174.
Notes for Editor:
About Ciesco Group – www.ciescogroup.com
Ciesco Group is a boutique corporate finance advisory firm, specialising in the digital, media, marketing and technology sectors. Ciesco provides owners and managers of businesses with independent advisory services. Ciesco advise clients on mergers & acquisitions, sell-side and buy-side mandates and business strategy and executive search. Ciesco also advise on corporate divestments, MBOs/MBIs, and work with private equity firms on their portfolio businesses.
About Stream:20 Limited – www.stream20.com
Founded in 2005 by Serge Milbank and Matt Barker, Stream:20 deliver digital marketing solutions, transformation and growth. Stream:20 believes in the power of insight and innovation to drive growth. This principle has inspired its specialist team of consultants to continually improve their clients’ businesses. Through Stream:20’s portfolio of services – developed out of proven, on-the-ground strategies – they deliver true digital transformation.
About CACI Limited – www.caci.co.uk
Established in 1975, CACI employs more than 800 staff in the UK and Europe and provides a wide range of information, consultancy and technology solutions to both public and private sector clients. CACI help many of the UK’s leading organisations to use data and information to make better business decisions and manage their customer engagement more effectively to drive value. CACI Limited is a wholly owned subsidiary of CACI International Inc., an IT services company publicly traded on the NYSE and employing over 16,000 staff across more than 120 offices globally.