Miles 33

Miles 33 is a provider of advertising and editorial workflow automation software, predominantly serving the regional newspaper publisher (print and digital) market.

Background

The business was founded in 1976 and employs 85 people across four offices in the UK, US, Italy and Malaysia.

Outcome

In March 2021, Naviga Inc., a leading provider of software and services powering media-rich industries, announced it has acquired Miles 33, a supplier of software to media, corporate and agencies with customers in 29 countries and headquartered in the United Kingdom.

Status

Realised

Country

United Kingdom

Strategy

Private Equity

Sector

Technology & Software

Entry

November 2018

Exit

March 2021

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Responsible Investing
At Ethos Partners, we wholeheartedly embrace responsible investment principles. Our commitment is to integrate sustainability factors into every aspect of our investment strategy and decision-making, recognising the profound impact these considerations have on long-term financial performance and the well-being of society. We recognise that responsible investing is a fundamental driver of sustainable value creation. Our approach not only seeks financial success but also aims to make a positive and lasting contribution to the world. By aligning our investments with responsible principles, we strive to deliver value to our investors and to the broader community.

Giving Back
We are deeply committed to giving back to the communities in which we operate. Ethos Partners supports various charitable initiatives that align with our values and mission. By dedicating a portion of our resources to charitable causes, we aim to make a meaningful impact and contribute to the betterment of society.

Diversity & Inclusion
We believe that diversity and inclusion are essential for innovation and long-term success. Ethos Partners is committed to fostering a diverse and inclusive workplace and investment community. We recognise the importance of diverse perspectives and experiences in driving excellence and ensuring equitable opportunities for all.

Ethos Partners LLP is authorised and regulated by the Financial Conduct Authority (No 813812) Registered in England and Wales OC420647.
Registered Office: Ethos Partners LLP, 1 Earlham Street London WC2H 9LL.

Risk warning: Investing in private businesses and/or equity and debt investments involve risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Ethos Partners is exclusively for Professional, Certified High Net Worth Investors and Self-Certified Sophisticated Investors who understand these risks and make their own investment decisions. Investments can be made only on the basis of information provided in each respective investment opportunity supplied by the company. No reliance should be placed upon the information placed upon this website and Investors should seek their own professional financial, tax and legal advice before making an investment decision. Investments that offer Tax relief depend upon an individual’s circumstances and may change in the future. In addition, the availability of tax relief depends on the company invested in maintaining it’s qualifying status. Investors should seek appropriate tax advice before making an investment decision. Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance.