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Track record · Deal story · 2026

From the Isle of Man to a US software group

The leading digital-downloads app for Shopify, sold cross-border

01The deal

Fileflare is the leading digital-downloads app for Shopify, built from the Isle of Man by founder Will Sutton.

Kestrel, a US-based software group that acquires and operates e-commerce applications, acquired the business in 2026. Array Capital acted as Fileflare’s exclusive sell-side advisor.

A niche category leader from a small jurisdiction still commands a global buyer pool when the process is built to reach one.

02Why it worked

Niche leadership travels

Category-leading position in digital downloads mattered more to buyers than company size.

Jurisdiction is not a barrier

Isle of Man to the United States: structure questions were prepared before buyers could ask them.

Quiet and quick

A focused process with a curated buyer list, run without public noise.

Considering an exit in the next 12 to 24 months?

A 30-minute discovery call: our read on your valuation, buyer universe, and timing. No commitment, full confidentiality.