The CEO at 20-strong De Facto – which will relocate from London Bridge to Chime's Holborn offices – is Richard Anderson. Chime's sole current healthcare agency is Ozone, whose staff are now set to relocate from Chelsea to Holborn.
Chime chairman Lord Bell said: 'This acquisition extends our involvement in health and is highly complementary to Ozone.'
Chime already held a 40 per cent share in De Facto – acquired in two stages in December last year and March. The remaining 60 per cent of shares are now being purchased for an initial cash consideration of £219,000.
Deferred payments will be made up to a maximum total consideration of £2m based on De Facto's pre-tax profits over the next four years.