The MacLaurin Group has acquired consumer IT, education and
publishing PR agency Powerhouse in a deal believed to be worth over
pounds 1 million.
The acquisition brings the company’s fee income to an estimated pounds
2.4 million in the current financial year.
Although MacLaurin Group chief executive Brian MacLaurin would not
specify exact figures, it is believed that he has paid at least pounds
750,000 in cash for the agency. The rest will be paid within the next
three years under the terms of an earn-out deal.
Powerhouse’s clients include BT, the BBC and the Orange Prize for
These complement the client base of the group’s core company MacLaurin
Communications, which includes Sony, Safeway and Chrysalis.
Powerhouse will continue to trade under its own name.
Brian MacLaurin joins the Powerhouse board as chairman, while Powerhouse
managing director Vikki Stace has been appointed a director of MacLaurin
MacLaurin said: ’This is the first of a number of developments which
will enable us to offer an increasing range of specialist expertise to
existing and future clients.’