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

Manchester workers now expect gyms and wellness spaces as city’s growth booms, new Valve and FlexSA data reveals

Manchester's booming economy is changing what workers expect from the office, according to new data from Valve in partnership with the Flexible Space Association...

Vernon Building Society invites charities and businesses to save with a purpose

Vernon Building Society is inviting charities and businesses to place their surplus funds with a local mutual that combines a reliable, fixed return with a...

Car thief jailed after hit-and-run robbery of cyclist

A TEENAGER has been jailed after knocking a young man off his e-bike in a stolen car, leaving him injured on the ground and...

Over Half of Greater Manchester’s Vet Practices Are Now Corporately Owned, New Census Finds

Independent Manchester practice GoVets mapped 103 vet practices across the region and found that several trade under long-established local names despite being owned by...
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

Manchester’s newest food experience offers businesses a Christmas party with a difference

For businesses looking for an alternative to the traditional Christmas party this year, Food Escapes allows you to swap the standard format for an immersive city-wide...

Manchester workers now expect gyms and wellness spaces as city’s growth booms, new Valve and FlexSA data reveals

Manchester's booming economy is changing what workers expect from the office, according to new data from Valve in partnership with the Flexible Space Association...

Vernon Building Society invites charities and businesses to save with a purpose

Vernon Building Society is inviting charities and businesses to place their surplus funds with a local mutual that combines a reliable, fixed return with a...

Manchester Private Hospital expands team with four key appointments to support UK growth

Manchester Private Hospital (MPH) has announced four strategic hires to bolster its team as part of an ambitious nationwide expansion. The new appointments demonstrate the...

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...