August Media acquires digital agency ID Media.
August Media has announced the acquisition of digital agency ID Media.
The deal will see the London based agency, previously part of German group ID Media AG, providing it with an office in Cologne.
It is understood that the Cologne offices are not part of this deal however.
Mark Lonergan, managing director at August Media, said: “We have known the team at ID Media for a long time and have already worked with them on a number of projects, so I know it’s a great cultural fit. We are delighted to welcome them into our business and are very excited about being able to deliver all our clients a broader offering from within the August group.”
Patrick O’Donovan, managing director at ID Media, said: “We’re thrilled to be part of a company that has an established reputation for creating outstanding client solutions. Together we have an exciting future.”
The Drum also understands that all staff at ID Media will remain in place following the deal.
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