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Forrest Digital plans to increase turnover by 30% following acquisition

5th February 2018

Tees Valley based online marketing specialist, Forrest Digital, is increasing its turnover by 30% following the acquisition of a neighbouring digital marketing agency.

The company has acquired the digital marketing arm of We Are Myrias Ltd, securing Forrest Digital around 80% of that company’s client base and also bringing with it the expertise of owner Dan Smith who will join Forrest Digital as a Non-Executive Director.

As a result, the company plans to recruit an additional member of staff and a University intern within the coming months.

Iain Forrest, Managing Director of Forrest Digital said: “The acquisition was the natural next step for myself and Dan and also our businesses. We have worked well together on different projects for clients over the last few years and as Dan took his career to the next level, it made sense for Forrest Digital to take over the workload and expand its offering.

“Dan’s client base is incredibly specialist which is what we love and are very good at working on. Clients which have now come on board with Forrest are in a variety of sectors including finance, software development and ecommerce.

“Following the increase in work, we will be recruiting both a graduate and hopefully a university intern in the coming months to help us fully develop these opportunities and grow the company further. We are already very busy and really excited that things are going to get even busier.”

New clients have already been introduced to Iain and the team and Dan will be there throughout to inform and guide the company.

Dan, who is now working closely with the team at co-investment company Growth Capital Ventures Ltd, said: “Having worked and collaborated with Iain for a number of years, there are very few people in our industry that I respect to the same degree. Professional, knowledgeable and extremely customer-focused, when the opportunity came to have We Are Myrias and Forrest Digital work closer together, it was obvious that it needed to happen. It was the natural progression for both companies.”

“We Are Myrias has worked on some fantastic projects for multinational clients and I’m confident Forrest Digital will be able to build on this and continue exceeding the expectations of our loyal client base.”

Iain concluded: “Last year was already a year of steady growth for us and it really is true that as we help our clients to grow, we grow too.

“I’m really looking forward to seeing what 2018 holds and just where it will take Forrest Digital.”

Forrest Digital, based at Fusion Hive in Stockton, specialises in digital marketing for growth-focused companies in a number of industries including manufacturing, ecommerce and software development. The company helps clients develop and launch organic and paid campaigns in search and social media as well as creating content and providing in-house training and support.

Most recently the company helped local company Weschenfelder Ltd to increase its online sales by 25%, building a specialist website and marketing campaign to enter the German market, and has helped a 5* star hotel in Mayfair, London to grow website traffic and direct booking revenue by 40% in just 6 months.