Elixirr, the Global Challenger Consultancy, Acquires Insights Firm, Hypothesis, to Expand Its US Presence and Service Offering
21 Octobre 2024 - 9:42AM
Business Wire
The acquisition reflects Elixirr’s commitment
to its programmatic acquisition strategy - bringing new
capabilities to the firm’s client base
Elixirr, the established, global award-winning challenger
consultancy, today announces the acquisition of Hypothesis, the
US-based disruptive insights and strategy firm.
With Hypothesis’ expertise in insights and strategy, Elixirr is
now even better placed to deliver end-to-end solutions to existing
and new clients – from the initial deep research and discovery
through to defining the strategy and developing the technology
required to deliver valuable impact.
Hypothesis’ impressive roster of premium clients, including five
of the Magnificent Seven, with a particular focus on the consumer,
technology and entertainment industries, is highly complementary to
Elixirr’s established strategy, digital, data, AI and innovation
offering. The natural alignment between both firms’ challenger DNA
and emphasis on “bringing the consumer to the decision-making
table” further cements the partnership and offers mutually
beneficial opportunities.
Hypothesis’ strong US presence and stellar reputation will also
help accelerate Elixirr’s growth in the region as the firm
continues to expand its presence across blue-chip client bases.
The Group has already worked closely alongside Hypothesis on a
client engagement prior to the acquisition, validating the
cross-sell potential of the combined proposition. This engagement
involved conducting research to inform the brand strategy for a
UK-based wealth and insurance client.
Through this acquisition, Hypothesis’ CEO, Maria Vallis, will
now join Elixirr as Partner, based out of Los Angeles, California.
With extensive experience as a researcher, Maria carries the
Hypothesis torch and brings with her a team of ambitious
individuals set on challenging the status quo.
Commenting on today’s news, Stephen Newton, CEO and Founder of
Elixirr, said: “We first met the Hypothesis team about 18 months
ago, and the opportunity to join forces has consistently excited us
ever since those very first discussions. With our challenger DNA
and focus on high performance, both Elixirr and Hypothesis are
premium brands that work with premium clients. The acquisition will
further solidify the strong reputation we’ve been building and
bring rigour to our research and insights offering.
“We’re excited to welcome Maria to the Partner team as we
accelerate our growth in the US. Her esteemed reputation – trusted
by a high calibre of clients across additive and complementary
industries – will make her a great addition to the team. Maria and
Hypothesis’ expertise will help us solidify the strong reputation
we’ve been building in the US market, which remains a key priority
for us.”
Maria Vallis, Hypothesis CEO, comments: “The Hypothesis team is
excited to join forces with the Elixirr Group as we’re now able to
take our insights and recommendations further and can do more to
solve our clients’ business issues. Considering that Hypothesis was
founded with the goal of disrupting the research and insights
industry, it was important to us to join a firm who had similar
ethos. We believe that we have found this with Elixirr.
“The combination of capabilities between Hypothesis and the
Elixirr Group is really powerful and will enable us to deliver even
more impact to our collective client base. Elixirr’s strong
expertise across different verticals, including financial services,
healthcare and insurance, alongside the ability to add data, AI,
digital and innovation capabilities to our skillset is really
exciting to us and we look forward to seeing what our teams can
accomplish together.”
Hypothesis was founded in 2000 by Maria Stark and Jeff Seltzer
to be a different kind of insights agency and disrupt their
industry.
Hypothesis Founders comment: “Nearly 25 years ago, we started a
new kind of agency that embraced creativity and empowered our
people to do great work for great clients. We’re extremely proud of
what we built, and what we accomplished with the help of the
industry’s best and brightest people. It’s been incredible to watch
the next generation of Hypothesis leadership evolve and grow the
company while still embracing our original founding vision. Today,
the transition is complete, and we’re truly excited to watch
Hypothesis and Elixirr disrupt and challenge the industry, and to
continue helping the world’s best brands do amazing things.”
By remaining laser-focused on bringing new and valuable
capabilities to Elixirr’s client base on a continual basis, the
firm continues to scale and build its reputation in new markets
through strategic acquisitions.
Dentons, which acted as legal counsel to Elixirr, is a
London-based law firm representing clients ranging from Fortune 500
and emerging growth companies to venture capital firms, private
equity firms and investment banks. BDO provides financial advisory
services to companies across all sectors of the economy and
represented Elixirr in the transaction. JEGI CLARITY, a pre-eminent
M&A advisory firm for the media, marketing, information and
technology industries, represented Hypothesis Group in this
transaction. Sklar Kirsh LLP, which acted as legal counsel to
Hypothesis, is a California law firm that provides sophisticated
and expert advice in the areas of corporate, real estate,
bankruptcy, and entertainment law as well as commercial, real
estate and entertainment litigation.
About Elixirr:
Elixirr is an award-winning global consulting firm working with
clients across a diverse range of industries, markets and
geographies. Founded in 2009, the firm set out to be the
‘challenger consultancy’ and do things differently than the large
corporate consultancies dominating the industry: working openly and
collaboratively with clients from start to finish, delivering
outcomes based on innovative thinking, not methodology, and
treating each client’s business like their own. Elixirr has been
quoted on the AIM market of the London Stock Exchange since 2020.
In addition to strong organic growth, Elixirr has acquired seven
boutique firms – Den Creative, Coast Digital, The Retearn Group,
iOLAP, Responsum, Insigniam and Hypothesis – to grow their
capabilities, expand into new geographies and markets, access new
clients and talent, and more.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241021041606/en/
Clarity Global for Elixirr elixirr@clarity.global
Elixirr (LSE:ELIX)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Elixirr (LSE:ELIX)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024