Touch became a minority shareholder of dbmt in 2014, with David Bottrill owner of dbmt, joining the Touch Associates board and Touch directors Patrick Collins and Nick Bender joining the dbmt board. Following the anouncement of the formal merger, dbmt is now fully owned by Touch with David Bottrill becoming a shareholder of the agency alongside Patrick Collins, Mike Ford, Nick Bender, Colette Murphy and David Selden.
Touch has also reported projected growth of 50% for the current year, with a second US office opening this month in New Jersey.
Commenting on the merger, Touch director, Patrick Collins, said: "In a thoroughly modern merger, Touch formed a strategic alliance with dbmt and like most grown-up modern relationships we decide to live together first to see if we were truly compatible and that collaboration went so well it made sense for the two companies to become one."
Bottrill added: "The decision to become one with Touch was an easy one to make, the success during the year we spent together exceeded expectations in every way and it just made sense to take the relationship to the next level. It continues to be business as usual looking after our clients delivering the same great service and dedication that they have always enjoyed."
Selden also commented: "There are huge benefits for both businesses. It further diversifies Touch’s expertise and broadens the sectors we work in. dbmt has a fantastic reputation with its clients, particularly in the automotive sector, and we can now offer an expanded range of services to them".
• For more in-depth features, as well as the latest breaking news, sign up to C&IT Magazine's daily Newstracker here