The M&A machine in the European digital signage industry is slowly gaining momentum again: Zetadisplay strengthens its presence in the UK and acquires integrator Beyond Digital Solutions.
Zetadisplay today announced the acquisition of UK-based Beyond Digital Solutions. With the acquisition, Zetadisplay aims to further expand its footprint on the UK market. According to the company, the acquisition was fully funded by equity from Zetadisplay’s owner, Hanover Investors.
The Swedish-based European player Zetadisplay is thus continuing its acquisition strategy, which had stalled due to Covid-19, but was resumed last year with the purchase of the Austrian integrator Peakmedia. In the meantime, Anders Olin has replaced Per Mandorf as CEO, but the signs are still pointing to growth through M&A.
Under the leadership of Managing Director Louise Richley, the British integrator Beyond Digital Solutions creates end-to-end concepts, including content, for digital signage spaces with national and international roll-outs. Its customers include the Tortilla restaurant chain and the automotive brands Jaguar Land Rover and Lotus.
Details about the transaction and the future structure of Beyond Digital Solutions weren’t disclosed yet.