Business
S4Capital announces combination with ThereomOne
S4Capital announces combination with ThereomOne.
About this update from S4 Capital Plc
[{"type":"text","content":"\n \n \n \n S4 Capital plc (\"S4Capital\" or \"the Company\")\n \n \n \n \n \n \n \n \n \n S4Capital announces combination with Technology Services firm ThereomOne, expanding its capabilities and client base in the core US market\n \n \n \n \n \n \n \n \n \n \n \n \n 17th May, 2022\n \n -- S4Capital plc (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, announces a combination between\n \n TheoremOne\n \n and\n \n Media.Monks\n \n , which significantly expands the capabilities of its Technology Services practice. The merger augments its Technology Services and consulting capabilities and expands its client base. TheoremOne is a leader in agile, full-stack, innovation, engineering and design and helps major enterprises achieve strategic digital transformation.\n \n \n \n \n \n TheoremOne was founded in 2007 by Will Jessup (Founder & Head of Services) and has been led since 2017 by Brady Brim-DeForest (CEO). Headquartered in Los Angeles with a team of over 370 experts distributed around the world (70% in North America), TheoremOne helps clients such as American Express, AT&T, Intel, Starbucks, Caterpillar, and several of the world's leading technology companies conceptualise, build, support and manage their digital products, services and experiences. TheoremOne generated revenues of over $58m in 2021 with growth of almost 40% and are anticipating continued strong growth in 2022, which is already reflected in progress throughout Q1 2022. The consolidation of TheoremOne client revenue with S4Capital will add one \"Whopper\" account (generating over $20 million in annual revenue) and contribute to several others. In addition it will add over 5% to S4Capital's 2022 EBITDA.\n \n \n \n \n \n \n Sir Martin Sorrell\n \n , S4Capital Executive Chairman said, \"With the intersection of Marketing, Sales and Information Technology continuing to be a key topic for brands and all C-suite executives, we at S4Capital are building a genuinely integrated offer for our clients comprising best-in-class technology services combined with content and data&digital media expertise. We are delighted to welcome Brady, Will, David and their colleagues - their vision and ambition will no doubt be a great fit for us.\"\n \n \n \n \n \n \n Brady Brim-DeForest\n \n , TheoremO...