Be Heard has acquired The Corner Communications (London) Limited, an integrated creative agency based in Soho, London, for an initial cash price of £7.95 million with a further deferred earn-out payment of up to £4.05 million. Be Heard announced it is to raise £6.2 million to fund the acquisition through a new share issue and £4.0 million through the issue of convertible loan notes.
Peter Scott, Executive Chairman of Be Heard, said: “The Corner is an excellent fit with Be Heard – a modern, integrated agency that ‘gets’ how consumers digest technology. This is exactly the step forward we need to help brands and marketers meet today’s challenges across the customer journey.”
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