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CHILDS Advises Solstice Mobile in its Acquisition by St Ives Group


Atlanta, GA, April 10, 2015 – CHILDS Advisory Partners (“CHILDS”) served as the exclusive financial advisor to Chicago‐based Solstice Consulting, LLC d/b/a Solstice Mobile (“Solstice” or the “Company”) in its recent acquisition by London‐based St Ives Group plc (“St Ives”). The acquisition gives Solstice a platform to extend its operations internationally, while also providing a North American foundation for the expansion of St Ives’ digital capabilities.

Founded in 2001, Solstice advises Fortune 1000 organizations on the use of emerging technologies that optimize engagements with their employees, customers and partners. With offices in Chicago, New York and Buenos Aires, Solstice has experienced rapid growth in recent years, which has positioned it as one of the largest privately held, mobile‐first digital consultancies in the U.S.

Solstice Mobile will continue to be managed from its current locations by its existing management team. J Schwan, CEO of Solstice Mobile, said: "We are very excited to have found the perfect home for Solstice. As mobile continues to affirm its role as the primary digital channel for consumers and employees, we are thrilled to have a platform to expand our services on a global level. Most importantly, St Ives shares our core values of using company culture as a competitive advantage."

Matt Armitage, St Ives Group CEO, commented: "This acquisition further strengthens St Ives' reputation and capabilities in digital and firmly extends our digital capabilities into mobile. Strategically, the deal supports the growth of the Group's marketing services division, whilst expanding our presence and capabilities in the Americas."

Tom Donahue, Managing Director at CHILDS Advisory Partners, said “Our IT Services sector focus, combined with the opportunity to work with a premier brand, led to a competitive process and identification of the right partner for Solstice. The management team and St Ives Group share the same vision for the Company’s growth and continued dedication to its clients.”


The acquisition was effective March 16, 2015.

About Solstice Mobile:

Solstice Mobile is a mobile‐first digital product design and engineering firm, delivering engaging strategies and technologies to the world's leading organizations. Working across industries and verticals, Solstice has spent the last 14 years helping industry leading global brands evolve and capitalize on new technology. The Company designs and develops individualized mobile solutions that foster user engagement, optimize productivity and drive revenue. It has offices in Chicago, New York and Buenos Aires, with organizations around the globe relying on Solstice to transform and accelerate their business. For more information about Solstice Mobile, visit: solstice‐mobile.com.


About St Ives Group:
St Ives is an international marketing services group, made up of a number of successful and dynamic businesses serving leading brands internationally, with offices in the UK, North America, China and Singapore. St Ives operates not as a single entity but as a group of market leading businesses, each with its own unique value proposition, offering complementary services and collaborating closely with each other wherever it adds value to clients. St Ives works with a large number of leading, international consumer‐facing brands across all major sectors – including retail & FMCG, healthcare & pharma, financial services, media, technology, automotive and charity – helping them determine strategic direction, and designing and delivering world‐class solutions to match their specific requirements. To learn more about St Ives, visit www.stives.co.uk.

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About CHILDS Advisory Partners

CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.

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