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

Casemiro's true thoughts on being replaced by three Man United transfer targets

Casemiro will bid farewell to the Manchester United supporters after his final match away to BrightonHe is joined by Tchouameni, who has been mooted...

Manchester United already have one new starter for next season ahead of transfer window spree

Man Utd will be busy in the summer transfer window but one change in the strongest starting XI is already looking likely for next...

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...

Why Manchester Businesses Are Reassessing How They Transport Staff and Clients

Owning a vehicle fleet once made sense when running costs were stable and compliance demands were relatively unchanged. In Manchester today, neither holds true. Clean...
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

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...

Casemiro's true thoughts on being replaced by three Man United transfer targets

Casemiro will bid farewell to the Manchester United supporters after his final match away to BrightonHe is joined by Tchouameni, who has been mooted...

Author Reed Lovac publishes new collection of dark fiction short stories

Established author Reed Lovac has released a new book comprising four short stories centred around an ancient item of clothing, exploring themes drawn from...

Dunelm sale shoppers race to buy 'gorgeous' storage solution with 'plenty of space' before reducion ends tomorrow

"Gorgeous ottoman, looks great at the end of the bed. Plenty of storage inside"This article contains affiliate links, we will receive a commission on...

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...