Member Article

Leeds digital agency bought for £10.7m

Leeds-based digital agency, Branded3 have been bought by publishing services and marketing solutions firm St Ives Group.

Branded3 has around 50 staff, and offices in London and Leeds servicing entertainment, finance and travel sectors.

Co-founders Vin Chinnaraja and Patrick Altoft sold the firm for £10.7m and will continue to manage Branded3 from its current locations.

Mr Chinnaraja said: “We have achieved another major milestone in our growth plans and becoming part of a synergistic, forward-thinking group where there is huge potential for
collaboration is a real boost for us. I am really looking forward to working with the St Ives team to fulfil our ambitious plans.”

Patrick Martell, Chief Executive of St Ives, said: “With the acquisition of Branded3 we are adding significant depth to our digital offering and further enhancing the range of marketing services we can provide for our existing and prospective clients.

“Our combination of insight led innovation and trusted execution across digital and physical media creates a unique integrated offering in the market, which this acquisition complements well. I am delighted to welcome the Branded3 team to the Group and look forward to supporting their growth plans.”

This was posted in Bdaily's Members' News section by Tom Keighley .