Spark Ventures exits Unanimis for £4.7 million

Spark Ventures has exited digital advertising company Unanimis for up to £4.7 million. The exit came after Unanimis was acquired by Orange France Telecom Group for an undisclosed sum.


Spark Ventures has exited digital advertising company Unanimis for up to £4.7 million. The exit came after Unanimis was acquired by Orange France Telecom Group for an undisclosed sum.

Spark Ventures has exited digital advertising company Unanimis for up to £4.7 million. The exit came after Unanimis was acquired by Orange France Telecom Group for an undisclosed sum.

Jay Patel, executive director at Spark who led the investment, says: ‘This is a good result in what is a difficult market for the advertising sector and is testament to the quality and strategic positioning of Unanimis that it has attracted a high quality blue-chip acquirer.’  

Khalil Ibrahimi, co-founder of Unanimis, says:  ‘Since Spark first invested two years ago, they have provided strong strategic guidance and support which has been instrumental… in helping us to find a partner for the business.’

Spark will retain a stake in independent advertising server Open X, which was spun out from Unanimis in 2007.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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