Pitch consultancy and marcoms industry services provider Oystercatchers will move into Centaur’s London office in Soho in October and will report to Andria Vidler, the chief executive at Centaur Media. The intermediary will continue to be an independent operation.
The team and structure will remain the same, with Suki Thompson as chief executive and co-founding partner, and Peter Cowie as co-founding partner. Thompson will also join Centaur Media’s executive committee on 1 October.
Oystercatchers reported turnover of £3.4m for the year to 31 March 2016, with profit before tax of £600,000. This profit has risen from £1.1m for the year to 31 March 2012.
The deal means that both parties will be able to "expand their suite of offerings and global footprint".
Centaur Media has offices in the US and Asia, which Thompson said Oystercatchers will make use of as it expands globally.
Thompson said: "Over the last eight years, Oystercatchers has constantly evolved to lead the marketing industry from pitch intermediary to a broader marketing speciality consultancy.
"Our purchase by Centaur is the next stage in this journey to help us truly accelerate marketing performance across many more brands worldwide."
This article first appeared in PRWeek sister title Campaign