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S4 Capital acquired CitrusByte in 2022

PRIVATEAug 21, 2026•about 3 hours ago

Acquiring Company

S4 Capital

Acquired Company

CitrusByte

London

AlbaniaAdvertisingDigital MarketingBrand MarketingSocial Media MarketingConsulting

Description

S4 Capital, led by Martin Sorrell, acquired CitrusByte, a tech consulting firm, in 2022. The acquisition involved cash, stock, and potential earnouts. However, former CitrusByte executives are currently suing S4 Capital for alleged withheld payments and shares. The lawsuit highlights complications arising from the acquisition and disputes over the terms of the agreement.

Company Information

Company

S4 Capital

Location

London, England, United Kingdom

About

About Media.MonksMedia.Monks is the purely digital operating brand of S4Capital plc that connects 8,550+ digital natives across one global team. We are united by a mission to shift industries forward and pave the path towards ambitious outcomes so our clients and our people can realize their full potential for growth. Our unified model combines solutions in media, data, social, platforms, studio, experience, brand and technology services to help our clients continuously reinvent themselves throughout increasingly rapid cycles of disruption. Our efforts to shape culture, build innovative technologies and unlock the future of growth have earned recognition from numerous esteemed panels: we maintain a constant presence on Adweek's Fastest Growing lists (2019-23), regular recognition at Cannes Lions, and continual inclusion in AdExchanger's Programmatic Power Players (2020-23). In addition, we've received the honor of being Adweek's first AI Agency of the year (2023), the title of Webby Production Company of the Year (2021-23), a record number of FWAs, and have earned a spot on Newsweek's Top 100 Global Most Loved Workplaces 2023. Together, these achievements solidify our experience in digital innovation, excellence in craft, and commitment to personal growth. About S4CapitalS4 Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising, marketing and technology services company, established by Sir Martin Sorrell in May 2018. Our strategy is to build a purely digital advertising and marketing services business for global, multinational, regional, and local clients, and millennial-driven influencer brands. This will be achieved by integrating leading businesses in three practices: Content, Data&digital media and Technology Services, along with an emphasis on 'faster, better, cheaper, more' execution in an always-on consumer-led environment, with a unitary structure.

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Frequently asked

Who acquired CitrusByte?

CitrusByte was acquired by S4 Capital, based in London. The deal was reported on August 21, 2026. About Media.MonksMedia.Monks is the purely digital operating brand of S4Capital plc that connects 8,550+ digital natives across one global team. S4 Capital is privately held and operates in Advertising.

When did S4 Capital acquire CitrusByte?

S4 Capital's acquisition of CitrusByte was reported on August 21, 2026. S4 Capital, led by Martin Sorrell, acquired CitrusByte, a tech consulting firm, in 2022. The acquisition involved cash, stock, and potential earnouts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CitrusByte do?

CitrusByte is a tech consulting firm that was acquired by S4 Capital in 2022. After the acquisition, it was renamed TheoremOne and became part of S4's Monks Technology Services division. It is privately held, operating in Consulting, and is based in Albania.

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