With the support of investors Clydesdale Bank and Iceni Capital, Limehouse and Trident have both completed MBOs. The new six-strong board includes Limehouse MD Chris Copland and Trident chief operating officer Mark Hannant.
The companies will continue to operate via their separate offices under a combined brand due to be unveiled next spring.
The merged firm now boasts over 130 staff with combined revenue of £13m. ‘Trident is strong on corporate so we fit very nicely together,' said Hannant. ‘Merging with Limehouse gives us access to a wide range of public sector clients.'
‘There will not be any job cuts - the motivation for the deal is to sell more services to more clients,' he added.
Trident - which already works for the Department for the Environment, Food and Rural Affairs, as well as companies such as Royal Dutch Shell - announced the deal this week. Founded in 1990, it has an office in New York.
Limehouse boasts a broad range of public sector clients including educational bodies, government departments, grant-giving bodies, councils and health and social care agencies. It acquired design and online agency Synergy Communications in January (PRWeek, 26 January).
Hannant refused to disclose the value of the firms' management buyouts.