Takeover to boost turnover and headcount for Manchester agency
Manchester-based Digital Media Stream says it will break the £2m turnover barrier after its acquisition of Chorley-based digital marketing agency Bespoke, for an undisclosed sum.
Digital Media Stream says the deal will further strengthen its specialist digital lead generation capabilities in support of clients in the North West and nationally.
Continuing to trade under the established Bespoke brand, with no anticipated team changes as a result of the acquisition, the company has confirmed its ongoing commitment to its Chorley base by signing a lease extension for its offices at Strawberry Fields. Bespoke also has a London office, in Pancras Square.
Bespoke CEO and co-founder, Steve Brennan, said: “Bespoke has had its most successful years by some distance since committing to its B2B online lead generation specialism three years ago.
“We have turned down lots of offers to acquire the business in recent years. But the deal with Digital Media Stream means we immediately double our resource and expertise. So it’s a win for all parties, including our clients and team.”
Digital Media Stream is a Hubspot Platinum Solutions Partner. The agency was founded in 2011 by Simon Leeming and Dave Watson, and also specialises in the B2B space.
Director, Simon Leeming, said: “We’ve tracked Bespoke’s progress for a couple of years and have been impressed with the quality of work and consistency of results both for the agency itself, and the agency’s clients.
“Bespoke’s client retention rate is amongst the highest we have seen in the sector, an indication that the agency does things the right way.”
Fellow director, Dave Watson, said: “Not only is there a skills match, but we felt there was a culture match, too. Bespoke’s Investors in People accreditation highlights their commitment to creating a thriving work environment and speaks volumes about how much they value their team.”
Established in Preston 22 years ago, Bespoke moved to Chorley in 2021. The agency has recorded best ever results in each of the past three years since moving to the Strawberry Fields Digital Hub in Chorley.
Digital Media Stream is based in Manchester city centre. The acquisition of Bespoke is effectively a doubling of headcount for the company, which now expects to exceed £2m turnover for the first time this year.
