UK – Beringea invests in Steak Media

Beringea sourced the deal off market as it knew the management team from a previous investment, espotting. Steak’s revenues have grown from £3.7m last year to £14.5m for this year. A raft of new clients and the subsequent need to ramp up headcount resulted in the need for external funding, which will be used both to address the staff issue as well as international expansion, with a New York office in the pipeline.

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• Topics
• Expansion
• UK / Ireland
• Media