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Iris grabs Concise in pounds 5 million deal.(Brief article)

Campaign

| May 02, 2008 | COPYRIGHT 2008 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Iris, the integrated marketing agency, has acquired the management consultancy Concise for pounds 5 million.

The deal will see the joint managing directors of Concise - Benjamin Chilcott, James George and Josh Thomson - receive a 70 per cent up front cash payment, with the remaining 30 per cent paid as shares in Iris.

Concise will continue to function under its original name, but will operate as part of the Iris group. The founders will retain their job titles, and will report ...

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