Digital agencies TPX Manifesto and Deeson to merge following acquisition by The Panoply

Date

January 2019

Sectors

Technology and consulting services

Deal Type

Merger/Acquisition

Our Role

Buy side

About Deeson

Deeson, is a digital agency founded by Tim Deeson based in London and Canterbury. The company has a strong reputation in the media and culture industries, expertise in open source technology, and ISO9001 and ISO27001 accreditation. It counts ITV, BDO, Barnardo’s, Robbie Williams and the National Crime Agency among the clients for whom it’s delivered public-facing websites, intranets, data platforms, business systems and system integrations.

About TPXimpact Holdings

TPXimpact is a world-class creative technology group, assembled for innovation. Configured as a lean, fluid and ego-free family of complementary tech-focused companies, they collaborate with brave organisations to ensure their participation in tomorrow, and beyond. TPXimpact floated on the AIM index of the London Stock Exchange in December 2018, creating a group of digitally-native technology services companies assembled to meet the needs of the fourth industrial revolution.

About the deal

The Panoply acquired 100% of digital agency Deeson, which will merge with group company TPX Manifesto to create a multifaceted digital experience agency with a long track record of delivering successful projects in the not-for-profit sector. The Panoply floated on the AIM index of the London Stock Exchange in December 2018, creating a group of digitally-native technology services companies assembled to meet the needs of the fourth industrial revolution. The addition of Deeson to the group will complement and augment the capabilities of digital experience agency Manifesto, and help the group win larger projects for a greater range of clients.

Our work

We acted as exclusive financial adviser to The Panoply on their acquisition of Deeson.

It is a pleasure to have WY Partners as our key buy-side M&A advisor. WY's market knowledge and support is invaluable, they show great commitment and enthusiasm to always deliver the best outcome. WY provide us with clear commercial advice, added value, and manage the process from start to finish. Their personal and pragmatic approach is always appreciated and they consistently overdeliver.

Neal Gandhi

Chief Executive Officer

The Panoply

Deal team