Gloucestershire accountants Hazlewoods’ Corporate Finance team have advised on the sale of an award-winning London design consultancy to an international agency.
Prospect Consultancy and Design Limited works with companies to help them build their brand and ensure that their customers have a positive experience when buying their products or using their services. High profile clients include Vodafone, Eurostar, Tesco and Nokia.
The specialist boutique firm has been acquired by a Danish company, Manyone, which is described as the world’s first strategic hybrid design agency. It also has offices in Germany, Finland, Sweden, the Netherlands, Hong Kong and Singapore.
Prospect’s managing director Anja Klüver, who co-founded the Prospect in 2006, is the new managing director of Manyone London.
She said, “I’m thrilled that we’re joining Manyone. With shared perspectives on the transformational potential of cross-disciplinary strategy and design, it’s a perfect match. We can continue to deliver at the highest level to our clients but joining Manyone will allow us to scale our work and engage with clients at a whole new level.”
Hazlewoods corporate Finance partner Paul Fussell, who advised on the structure of the deal and led the negotiations, said, “Anja and her team have worked hard to build an award-winning business and it is great that, despite the global issues with Covid-19, we were able to get the deal over the line.
“Manyone is a growing company which has been making strategic acquisitions. It is a fantastic fit for Prospect, and I wish them every success in the future.”
This is the second sale of a creative design firm that Hazlewoods corporate finance team have advised on in the last six months.
Hazlewoods is the most active corporate finance adviser in the South West and last year the Gloucestershire firm completed 205 deals with a value of more than £1 billion.