Centaur Media Plc has completed the acquisition of MarketMakers Incorporated Limited, an integrated marketing services businesses. The initial consideration is £13.4 million, followed by a deferred earnout amount based on EBITDA performance.
MarketMakers had revenues of £11.4 million and adjusted EBITDA of £1.7 million for year ended 31 December 2016. It is ranked as the No.1 telemarketing agency in the UK by B2B Marketing and has achieved growth in revenues of 27% over the last three years.
Read the original Fusion DigiNet article Centaur acquires MarketMakers
The acquisition follows the completion of the disposal of Centaur’s B2C division, Home Interest, on 1 August 2017.
Andria Vidler, Chief Executive, commented:
“Both the acquisition of MarketMakers and the disposal of Home Interest will help accelerate the transformation of Centaur into a pure B2B focussed business. These transactions will provide our increasingly professional customer base with a range of higher value-added products and services.”
UK, London
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