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Announced

Next 15 to acquire Engine Group from Lake Capital for £78m.

Synopsis

Next 15 Communications Group, a technology and data-driven growth consultancy firm, agreed to acquire Engine Group, a media group, from Lake Capital, a private equtiy firm, for £78m. “We are delighted to welcome the people and clients of Engine to Next 15. Acquiring this broad-based digital transformation, communications and creative business fits well with our track record and strategy of adding growth businesses which then contribute to our target of doubling the size of our business in the next three to five years. Its three businesses are home to great talent and strong client relationships and provide multiple opportunities to expand and further apply our growth consultancy services," Tim Dyson, Next 15 CEO.

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