Blackspot Interactive

Deal Summary

Catalyst advised on the partial sale of Black Spot Interactive (Black Spot) to a management buy-out team.

Founded in 2001, Black Spot manufacturers and supplies the market leading Road Angel brand of driver safety devices. It has grown rapidly to achieve leadership in the emerging safety camera and accident black spot location devices market.

What difference did we make?

Catalyst worked with the entrepreneurial founder of Black Spot over a 2 year period helping the business to define its strategy and increase shareholder value.

Our role initially included identifying suitable financial partners, with one of the greatest challenges being to advise the shareholders on how potential funders would view critical developments in the business given its rapid rate of growth.

Part of securing the deal was using our network to source a new CEO for the business to help it transition from owner management into an institutional backed business.

With this in place, we then ran a tight, well-controlled auction process involving comprehensive vendor due diligence to bring the deal to a timely completion. This included managing the flow of information, so that we were able to complete a transaction with no value erosion to our client.