Creative communications group DRPG has announced today the acquisition of Firehouse, the London-based agency.
DRPG believes the acquisition will ‘add diversity to their client base’ and ‘bolster the company’s position as leaders in the industry’. The acquisition will also increase their team total to 340 people across the UK, Ireland, Germany and the US.
Firehouse are specialists that provide communication solutions from film and video, production and digital servicing to clients such as Kingfisher, B&Q, RBS, O2 and Shell. They will be adding a team of 10 people to the DRPG team.
Managing director at Firehouse, Mike Harper, said: “Joining DRPG opens up a host of opportunities for Firehouse, DRPG and our combined client list. We are committed to the growth of Firehouse as part of the wider group and cannot wait for the exciting journey ahead.”
Group CEO of DRPG, Dale Parmenter, added: “This is an extremely exciting time for the group as we start our milestone 40th anniversary year by expanding our capacity and capabilities through this acquisition. Firehouse is a well-established, innovative and active agency, which we are very much looking forward to welcoming into our team and working together.”
M&A Advisory were the company who originally set up and delivered the deal between Firehouse and DRPG.