Dentsu Aegis Network furthers its global mobile capability by acquiring full-service mobile agency Fetch
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Dentsu Aegis Network today announces the acquisition of Fetch Media Limited (“Fetch”), a global full-service mobile agency. Fetch will retain its brand identity and work collaboratively with Dentsu Aegis Network’s market-leading brand, media and communications businesses to help scale and accelerate the group’s mobile capabilities.
Headquartered in London and with offices in the US, Germany and Hong Kong, Fetch is one of Europe’s most awarded mobile advertising agencies. The business was founded in 2009 by James Connelly and Declan Reddington and currently employs 96 mobile experts delivering mobile strategy, media, creative and analytics services to a wide range of clients in over 90 countries.
Co-founder and CEO James Connelly will continue to lead his successful and award-winning business with support from his existing management team, including the recently appointed COO, Greg Grimmer. Fetch will report to Robert Horler, Chief Executive Officer of Northern Europe, Dentsu Aegis Network, who takes on responsibility for overseeing the continued global development of Fetch at Dentsu Aegis Network.
“With consumers increasingly engaging with brands through mobile devices, mobile media has become a critical part of the communication ecosystem and a key driver for business outcomes. Growing our digital profile across all capabilities is one of our five strategic priorities and this deal clearly recognises the potential we see in both Fetch and the wider mobile market,” said Robert Horler, Chief Executive Officer of Northern Europe, Dentsu Aegis Network.
“Fetch has a very fast growing agency arm in the US and we are looking forward to adding their unique capabilities within our US operating model and to scaling the business,” said Nigel Morris, Chief Executive Officer of Dentsu Aegis Network Americas & EMEA.
“This is a logical next step for Fetch as we look to deliver our ambitious growth plans and scale our business globally. We are particularly pleased to be able to do that as part of Dentsu Aegis Network. Dentsu Aegis Network has a proven track record of growing digital businesses and a clear appreciation of the increasing importance of mobile in the media landscape. We are very excited about the opportunity to partner with Dentsu Aegis Network to deliver world-class mobile capabilities on behalf of an increasing number of mobile-focused clients,” said James Connelly, Co-founder and CEO.
Financial terms of the transaction were not disclosed.
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For further information please contact:
| James Connelly CEO, Fetch T: 07900 582005 | Kirsten Doddy Global Head of Corporate Communications Dentsu Aegis Network T: +44 79720 492 400 E: Kirsten.Doddy@dentsuaegis.com |
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About Dentsu Aegis Network
Part of Dentsu Inc., Dentsu Aegis Network is made up of eight global network brands - Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, Posterscope and Vizeum and supported by its specialist/multi-market brands including Amnet, Amplifi, Data2Decisions, Mitchell Communications (PR), psLIVE and 360i. Dentsu Aegis Network is Innovating the Way Brands Are Built for its clients through its best-in-class expertise and capabilities in media, digital and creative communications services. Offering a distinctive and innovative range of products and services, Dentsu Aegis Network is headquartered in London and operates in 110 countries worldwide with over 23,000 dedicated specialists. www.dentsuaegisnetwork.com
About Fetch
Fetch is a global full service mobile agency delivering mobile strategy, media, creative and analytics services to wide range of international clients. Headquartered in the UK, with offices in the US, Germany and Hong Kong, and a team of 96 specialists and mobile experts, Fetch is one of Europe’s most awarded mobile advertising agencies. Fetch was named Mobile Entertainment’s Marketing Agency of the Year for three consecutive years in 2011, 2012, and 2013. In 2014, Fetch was listed in The Sunday Times Tech Track 100 2014 as ‘One to Watch’, and won the Fastest Earnings Grower of the Year.