WPP‘s wholly-owned marketing communications network, Ogilvy & Mather, has acquired a majority stake in ARBA, a digital consultancy. The terms of the deal were not disclosed.
Founded in Hong Kong in 2012, ARBA offers bespoke digital design and software engineering services with a focus on sales acceleration and customer experience. It specializes in digital strategy and has strong expertise in the financial services industry. With a staff strength of more than 40, ARBA clients include FWD, Prudential, Hang Seng Bank and other financial and insurance providers.
ARBA’s revenues were around HKD 17.3 million, with net assets of around HKD 5.8 million for the year ending March 2017.
UK, London & Hong Kong
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