Leeds’ Intermarketing Agency buy-out digital agency Teabag

Intermarketing Agency has acquired specialist digital agency Teabag in a buy-out from owners Liam Grogan, Stuart Baker and Adam Blain, securing all staff and clients.

Since their MBO of Intermarketing Agency three years ago, managing partners, Jamie Allan and Steve Sowden have grown the business, doubling the number of employees, increasing the client base, moving to new premises and extending its product offering.

With the acquisition of Teabag, the business is rapidly approaching 100 employees and set for further expansion.

Managing partner Jamie Allan said: “We’ve been working for a few years together across projects for our clients so the buy-out was a logical move and beneficial to all.

“Digital now impacts on nearly every campaign we run for our clients and this expansion has been a key part of our strategy.”

Managing partner Steve Sowden said: “Earlier this year we appointed Karen Lewis as our Head of Digital, and now we’re incredibly proud to bring Teabag into the business and excited for the future.

“We’re delighted that Liam, Stuart, Adam and their team have all committed their futures to Intermarketing Agency, and that Karen will lead the team to ensure that we continue to deliver the best for our clients.”

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