Deal

Hallam Internet

Deal type: MBO

Sector: IT and telecommunications

Digital marketing agency Hallam internet has merged with BigSpring, a web design and development agency.  The deal results in an agency with 36 employees and annual revenues approaching £3m.

The combined agency will retain the Hallam brand and Hallam founder and Managing Director Susan Hallam will continue to lead the business.

The merger reinforces the Hallam full service digital marketing offering with a series of new digital  design and development services including mobile app development, UX, web and ecommerce, and graphic design. The robust team of digital developers is led by Technical Director Jon Martin. The BigSpring  client roster includes the BBC, Raleigh Bikes, and Jaegermeister. Hallam’s clients include the United Nations, The Money Shop, and Experian.

Julio Taylor, one of the founding partners of BigSpring, reinforces the importance of the merger. “We have always focused on building strong relationships with our clients, and delivering a service that is unsurpassed both regionally and nationally. The merger of our two businesses will consolidate our position and accelerate our growth. The whole BigSpring team is looking forward to this new and exciting future.”

BigSpring has now moved into newly acquired space in the Hallam’s Nottingham city centre offices. The new offices increased their previous floor space, creating room for the continued planned growth of the business.

Mike Hallam, Commercial Director commented “The digital landscape  is evolving and our merger will give us real competitive advantage .We are seeing a massive change in how clients work alongside their agency partners, and we are adapting to service them whilst still remaining profitable.”

The deal was advised on by Midlands based accountancy and business advisory firm, Smith Cooper.

James Bagley, Managing Partner of Smith Cooper, commented: “We are delighted to have advised on the merger of Hallam Internet and BigSpring, assisting them in developing a comprehensive offering in an era where digital marketing is becoming increasingly more important for businesses. These are exciting times as the merger further strengthens the firm’s position as one of the nation’s leading digital marketing agencies whilst also creating more opportunities for local talent.”

The new company has recently appointed 2 new digital marketing professionals who will be joining the team shortly, and are currently recruiting for an additional 3 experienced marketers as part of the company’s planned expansion programme.

“I am delighted to have reached an agreement with BigSpring. Our two companies have worked in partnership for several years now. BigSpring are highly regarded for their web development solutions and their exceptional customer service. Our common values and vision were recognised from day one, and it was only a matter of time before we made the commitment to join forces.”

Susan Hallam – Managing Director

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Completed:
Mar 17

Smith Cooper Team
James Bagley

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