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UniLED receives investment from Investec to aid international growth

UniLED today announced it has received investment from Investec, which will allow the company to continue its growth trajectory to become the global market-leading digital-out-of-home (DOOH) advertising solutions business.

The investment will support UniLED’s ambitions to launch its UniLIVE and UniHUB products across multiple territories simultaneously.   The announcement was made by Ben Zloof, CEO of UniLED.

Ben Zloof, CEO of UniLED commented, “As a team we have had to constantly innovate to make sure we not only remain relevant, but we’re offering products and services that our clients see huge value in.  The investment will enable us to realise our ambition to become the market leaders in digital-out-of-home advertising solutions.

It was important to find a firm that was like-minded, understood us and added value and ultimately endorsed our growth ambition. We were lucky to have a lot of interest, but Investec stood head and shoulders above anyone else. They understood what we did, understood how the business grew, the entrepreneurial journey, and naturally wanted to know more.” Ben Zloof, CEO, UniLED.

Investec’s Gregg Pietersen summarised the decision to partner with UniLED:

“Our Private Capital proposition actively seeks out leaders that are fired-up to create wealth. We are always on the lookout for these kinds of people and when we find them we do everything we can to partner with them not just as a bank, but also as partners who are aligned to their wealth creation aspirations. In Ben and his team at UniLED, we have found exactly this. A leadership team that not only has a superb product but the desire, the determination and resilience to deliver it. We’re delighted to be their partners actively creating wealth together”.