Digital agency’s disposal of contact centre completes

Rob Shaw, CEO of Jaywing

Jaywing, the Sheffield-based digital agency, has completed the sale of its contact centre business, HSM, to Bidco.

Bidco, which is backed by New York and London-based private equity firm Aquiline Capital Partners LLC, has acquired HSM in a £500,000 deal; first announced in November 2018.

Jaywing said this morning: "The disposal of this non-core asset strengthens the balance sheet; simplifies the Jaywing offering; provides a sizeable and ongoing revenue stream; reduces a lease obligat... For the full story register now for free or login below...