Clearwater has advised Livingbridge on its investment in Imagesound, a tech-enabled digital media service company with over 65,000 music zones. The investment marks an exit for ECI Partners.
The business operates two brands across a global footprint, operating in 160 countries. Imagesound provides in-store audio and visual solutions to a large number of blue-chip retail and leisure customers. Music Styling delivers a highly curated and bespoke service to high-profile international hotel and cruise groups.
ECI partnered with Imagesound in 2016, and since then the business has transformed from being predominantly UK-based, with just 10% of revenues coming from outside the UK, to a truly global company. International revenues now account for more than half of total Group revenues and Imagesound has also significantly expanded its international presence with new offices in Miami, Shanghai and Dubai. The business has also completed four acquisitions, further strengthening its global market position.
The investment from Livingbridge will help Imagesound to continue to drive its organic growth globally and underpin an ongoing buy and build strategy.
