Dutch deal sees digital agency double workforce and boost revenues to £13m
Digital agency Building Blocks has almost doubled its workforce to 130 staff and boosted revenues to £13m from £4m following the acquisition of Dutch firm Tricode.
Manchester headquartered Building Blocks said the deal strengthens its technical capabilities and enables its expansion into new markets, namely the Netherlands and Macedonia where Tricode, a supplier of customer experience management solutions, is based and renowned for its expertise in Java development.
Building Blocks’ CEO, Jasper van de Luijtgaarden, said: “As a global agency that exists to provide the very best technologies to its customers, we’re delighted with Tricode joining the Building Blocks family – it will make us stronger, bigger and better.
“The partnership will help us achieve our goals of increasing our footprint in the Benelux and Balkan regions, while developing our breadth of technical expertise and enabling us to offer a better service to our global client base.
“We expect this to be a positive and seamless integration with existing clients of both agencies benefitting from an enhanced services portfolio.”
Tricode’s CEO, Evert Jan van Schuppen, said: “This is a great move for our company and our clients, who will benefit from the breadth of services that Building Blocks and the wider Dept network can offer, including consultancy and strategy, experience design and digital marketing services.”
Founded in 1999, Tricode employs more than 60 staff across its headquarters in Veenendaal in the Netherlands and Skopje in Macedonia. It works with clients such as Liberty Global, Koninklijke Bibliotheek and Rabobank.
Building Blocks was founded in 2007 and its team of 70 operates globally from offices in Manchester, Zaragoza in Spain and Boston, USA, helping global companies solve complex problems using digital technologies.
Over the past few years, Building Blocks has achieved consistent growth; 2016 was its most successful year to date, achieving a 34% increase in global revenue. Its client base includes global brands such as Triumph Motorcycles, Yara International and Kaspersky Labs.
Building Blocks is part of Dept – an international network of leading digital agencies.