Partner Article
Aegis Group acquire Irish digital firm
Media and digital communications firm, Aegis Group, announced the acquisition of Irish company, Lucidity Digital, on Monday.
The London-based firm, which first established itself in 2003, secured the business in a bid to strengthen its position in the Irish market, while it has also gained access to a wide range of digital creative and production services to add to its capabilities.
Lucidity Digital, a web design, development and social media specialist, has worked with large clients such as packing company, Tekpak, and drinks firm, Britvic, since it was founded over a decade ago.
The Irish firm will join with Aegis, and the existing team will be kept on as a part of the buyer’s “digital creative origination network”, Isobar.
Liam McDonnell, CEO of Aegis Media Ireland, said: “We are delighted to be acquiring Lucidity, which will enhance the prospects of our business in the Irish market, allowing us to offer greater integration across digital media and creative.
“We welcome the Lucidity team into the fold and look forward to working with our new colleagues to leverage the exciting opportunities this acquisition will bring to our business in Ireland.”
Lucidity’s co-founder, Jim Cassidy, added: “This transaction will allow us to really scale our business in terms of both service offering and client base.
“We are already looking forward to working with our new colleagues to deliver outstanding digital creative and media solutions for our clients.”
This was posted in Bdaily's Members' News section by Miranda Dobson .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline