Business mixture contains communications, digital branding, and consulting that mixes technique, information and expertise.
by Joe Panettieri • Mar 9, 2022
Growth consultancy Next Fifteen Communications Group (Next 15) of London has acquired digital transformation specialist Engine Group of London and Manchester, United Kingdom. The deal’s enterprise worth was £77.5 million (roughly US$102 million).
Moreover, that is expertise M&A deal quantity 246 that ChannelE2E has coated to this point in 2022. See greater than 1,000 expertise M&A offers involving MSPs, MSSPs & IT service suppliers listed right here.
Next 15 Acquires Engine Group: Key (*15*)
Engine has roughly 600 workforce members and 300 clients, the customer indicated. Engine’s enterprise is comprised of three divisions:
Communications providers for company technique, and positioning within the monetary, healthcare and client markets.
Creative offers digital model experiences, built-in on-line and offline promoting and influencer advertising and marketing.
Transformation gives expertise and digital transformation consulting that mixes technique, information and expertise.
The M&A contains the next govt roles, the customer mentioned:
Emma Robertson and Alex Bigg will proceed to guide Engine Transformation and MHP Mischief, respectively.
Phil Fearnley will grow to be the brand new CEO for the mix of Engine Creative and ODD (the present Next 15 inventive company centered on trend, retail and way of life manufacturers).
Next 15 Buys Engine Group: Executive Perspectives
In a ready assertion in regards to the acquisition, Next 15 CEO Tim Dyson mentioned:
“We are delighted to welcome the individuals and shoppers of Engine to Next 15. Acquiring this broad-based digital transformation, communications and artistic enterprise matches effectively with our observe report and technique of including progress companies which then contribute to our goal of doubling the dimensions of our enterprise within the subsequent three to 5 years. Its three companies are residence to nice expertise and robust shopper relationships and supply a number of alternatives to develop and additional apply our progress consultancy providers.
We stay up for working with the administration groups, employees and shoppers of the three companies at Engine and different business leaders inside Next 15 to execute our progress plan constructed on our mannequin of independence, incentives and funding.”
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