Granite Digital has acquired peer digital agency Continuum from owner Colin Meagle, who established the business twenty years ago.
Earlier this year, Granite acquired Dublin-based Willows Consulting, and has acquired 11 other Irish digital services businesses in recent years, including Connector, Webtrade, MediaOne and Apps Made Easy.
Continuum’s client base includes the IDA, Tesco Mobile, Nissan and CPA. The agency is a certified partner of Microsoft, Kentico and Sitefinity and won the ‘Large Agency of the Year’ and ‘Grand Prix’ at the Spider awards in 2018.
Operating company Continuum Technologies Ltd booked a net loss of €36,000 in 2021 following a €109,000 loss the previous year.
Total liabilities in December 2021 amounted to €391,000, including €244,000 in tax debt, and negative net worth was €117,000.
In Association with
Following the acquisition of Continuum, Granite said it expects annual revenue will increase by 35% to over €10m in 2022.
Granite's latest accounts filing relates to 2020, when turnover was not disclosed.
Conor Buckley, CEO of Granite Digital, said: “We are very proud of this latest acquisition. Continuum has been on our radar for years and we have always admired their brand, ethos and work.
“Continuum also bring a fresh and unique perspective, particularly around client growth opportunities in international markets.”
Buckley added that Colin Meagle will assist as an advisor to the Granite board and will be central to expanding the firm’s US growth.
Colin Meagle (48) commented: “From beginning as a home attic start-up in 2002, to now joining the Granite Digital Group, is something I am greatly proud of. We are excited about the many benefits this acquisition will bring to our clients and partners.
“By combining our experienced and talented teams, it allows us to provide a level of services and support that is unmatched in Ireland. Furthermore, it gives us an even stronger proposition to help us grow at pace globally too.”
Granite’s client base includes Lidl, Dalata Hotel Group, Bord Bia, Cork Chamber and Webhelp.
Photo: Continuum founder Colin Meagle (left) with Granite Digital's Conor Buckley. (Pic: Paul Sherwood)
