CHICAGO, March 17, 2015 – St Ives Group, the international marketing services business, today announced the acquisition of Chicago-based consultancy Solstice Mobile, a mobile-first digital product design and engineering firm.
The acquisition is a continuation of St Ives’ strategy to further enhance its digital expertise, and will provide St Ives with deeper mobile customer engagement and loyalty capabilities. The deal also supports St Ives’ target of increasing its international footprint and signals its intent to be seen as a credible contender to leading global digital agency groups and consultancies.
Founded in 2001, Solstice advises Fortune 1000 organizations on the use of emerging technologies that optimize engagements with their employees, customers and partners. With offices in Chicago, New York and Buenos Aires, Solstice has experienced rapid growth in recent years, positioning it as one of the largest privately held, mobile-first digital consultancies in the U.S.
The acquisition gives Solstice a platform to extend its operations internationally, while also providing a North American foundation for the expansion of the St Ives Group’s digital capabilities.
Solstice Mobile will continue to be managed from its current locations by its existing management team. J Schwan, CEO of Solstice Mobile, said: “We are very excited to have found the perfect home for Solstice. As mobile continues to affirm its role as the primary digital channel for consumers and employees, we are thrilled to have a platform to expand our services on a global level. Most importantly, St Ives shares our core values of using company culture as a competitive advantage.”
Matt Armitage, St Ives Group CEO, commented: “This acquisition further strengthens St Ives’ reputation and capabilities in digital and firmly extends our digital capabilities into mobile. Strategically, the deal supports the growth of the Group’s marketing services division, whilst expanding our presence and capabilities in the Americas.”
About St Ives Group:
St Ives is an international marketing services group, made up of a number of successful and dynamic businesses serving leading brands internationally, with offices in the UK, North America, China and Singapore.
We operate not as a single entity but as a group of market leading businesses, each with its own unique value proposition, offering complementary services and collaborating closely with each other wherever this adds value to clients. We work with a large number of leading, international consumer-facing brands across all major sectors – including retail & FMCG, healthcare & pharma, financial services, media, technology, automotive and charity – helping them determine strategic direction, and designing and delivering world-class solutions to match their specific requirements. To learn more about St Ives, visit www.st-ives.co.uk.
St Ives employs more than 3,000 people in the UK, North America and Asia, and is listed on the London Stock Exchange (SIV.L) with a market capitalisation of c£240m.
About Solstice Mobile:
Solstice Mobile is a mobile-first digital product design and engineering firm, delivering engaging strategies and technologies to the world’s leading organizations. Working across industries and verticals, Solstice has spent the last 14 years helping industry leading global brands evolve and capitalize on new technology. The company designs and develops individualized mobile solutions that foster user engagement, optimize productivity and drive revenue. It has offices in Chicago, New York and Buenos Aires, with organizations around the globe relying on Solstice to transform and accelerate their business. For more information about Solstice Mobile, visit: solstice-mobile.com/.