AcquisitionsShoot the Moon and Delineo target growth with merger to form stm_grp

Shoot the Moon and Delineo target growth with merger to form stm_grp

Two of the north’s largest independent agencies have merged to create an 80-strong team with big plans for the future. The new group brings together the talents of a unique collection of specialist, independent agencies with a firm eye on client results.

The merged Group will continue to operate through the Shoot the Moon, JGM, Eat & Breathe, Anytime After 9 and Delineo brands under the direction of a newly formed Board. The Board comprises 4 directors from Shoot the Moon Group, 4 directors from Delineo and a non-executive director, they plan to grow revenues of the combined business by 100% to £10+ million over the next 5 years.

Phil Marshall, Group CEO commented:
“Collectively stm_grp will maintain the spirit of independence, ensuring each studio nurtures its own specialism, team and identity, whilst embracing their collective talents, service-driven ethos and agile workflow.”

Both Shoot the Moon and Delineo have industry sector specialisms and track records of developing talent around emerging marketing strategies and technologies. Delineo have established markets in Technology, Finance and Manufacturing sectors, complementing Shoot the Moon, who established themselves working in Retail, Food, Drink and Leisure over 3 decades. More recently, Shoot the Moon acquired ‘Anytime after 9’, an agency specialising in Clinical and Medical communications to complement JGM, acquired in 2019, who, as well as Public, education & 3rd Sectors, have a long history of work within clinical trial recruitment – including intensive work on the Covid-19 vaccine trials over the last 6 months. The group also includes Eat & Breathe, the award-winning Food & Drink content studios, with locations in Manchester & Leeds City Centres.

Commenting on the merger, Phil goes on to state:
“Merger discussions commenced early in 2020 and continued throughout the lockdown. Rather than sit back and wait to see what happens after the global health crisis, we’ve chosen to be bold and target growth. It won’t be easy with so much uncertainty out there, but there is strength in numbers, depth of talent and diversification. By bringing the agencies together we have a team that operates across multiple industry sectors with a broad spectrum of agency services – from strategic consultancy to photography, performance marketing to brand communication. We believe the combined Group is great news for our team, clients and their customers, who remain our top priority.”

Reflecting on the need for change in the ‘new normal’, Stephen Frater, COO of the group commented:

“The two businesses have a long track record of navigating change, having successfully adapted to evolving markets over more than two decades. Together we will adapt for the future to deliver the agile agency model that clients need, and the team will thrive in. This merger is the first step in a journey of change both in services and service delivery – being easy and intuitive to work with has never been more important.”

The stm_grp Board comprises Phil Marshall, Stephen Frater, Julia Ingham, Sam Rowlands, Oliver
Zebedee-Howard, Leigh Sheridan, Rob Stafford, Stephen Oakes and non-exec director, Nick Melvin.

Latest

Measles outbreak warning for Spain holidays as cases double in tourist hotspot

Cases of measles in Alcantarilla, Murcia have doubled since an outbreak was declared earlier this month, prompting a warning for families travelling to the...

What happens next as Oldham chaos carries on and on and on

The council has been criticised by an MP for its ‘unnecessary and petty-minded politics’Two weeks of meetings have been cancelled amid ongoing mayhem at...

UK's best value theme park letting kids go free this May half term

Kids can enjoy free entry for the rest of the monthVictoria Lynn, managing director of Drayton Manor, said: “As the UK’s best value theme...

Viral jacket potato phenomenon SpudBros is on its way to the Trafford Centre

The SpudBros tram van is heading to the Trafford CentreSharing a video walking around the Trafford Centre last month, Jacob said: "We get asked...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Robert Faulkner’s The Mysteries of Rome and Intrigue delivers a thrilling cross-border adventure

Readers are being taken deep into a dangerous world of deception, suspense and international intrigue with the release of Robert Faulkner’s latest thriller, The...

'We built a railway in our garden – our house is now unsellable or worth triple'

Dave Walker, 54, and his wife Angela, 55, built the 400m track by hand over seven yearsDave said they hoped to attract other rail...

Reform UK backs Doncaster Sheffield Airport reopening as Connectus welcomes momentum

Technology and infrastructure powerhouse Connectus has welcomed fresh political backing for the reopening of Doncaster Sheffield Airport after Reform UK Deputy Leader Richard Tice...

Thousands still dying from asbestos exposure decades after UK ban, research warns

More than 25 years after asbestos was banned in the UK, the material continues to cause around 5,000 deaths annually, according to new findings...

More News

Inc & Co on The Strategic Benefits of Company Acquisitions

Company acquisitions can be a smart strategy for growth, enabling fast expansion and an enhanced market presence. Manchester-based private equity firm Inc & Co...

Inc & Co Diversifies Retail Portfolio with Acquisition of Sustainable Luxury Lingerie Brand Studio Pia

Inc & Co, a prominent global investment firm, has recently made a significant move in the retail sector by acquiring Studio Pia, a trailblazer...

FBW Engineering completes six-figure acquisition

Wigan-based FBW Engineering Services Limited has acquired ARL Consulting in a six-figure deal completed today. FBW aims to leverage ARL's specialist expertise in the food...