SC&H Capital served as the exclusive financial advisor to Centretek Solutions, on the divestiture of its digital strategy and development division (“Centretek”) to SPM Marketing & Communications (“SPM”), a portfolio company of Corridor Capital.
Centretek is a leading digital marketing and web design firm with over a decade of extensive experience delivering solutions for large, highly-matrixed healthcare systems. They have consulted with innovative and leading healthcare organizations, including Johns Hopkins Medicine, University of Massachusetts Memorial Health Care, Rush Health Systems, University of Missouri Health Care, Inova, and Froedtert.
The digital strategy and development group within Centretek Solutions had grown dramatically in recent years, evolving into a full-fledged agency and strategic partner of blue-chip healthcare clients. SC&H Capital understood that demand for differentiated digital marketing capabilities was strong within the buyer community, and designed an M&A process in conjunction with ownership and Centretek leadership both to achieve the owner’s goals and to give leadership more opportunity to continue on its growth path.
Centretek was acquired by SPM, a leading healthcare marketing communications firm. Ultimately, the partnership with this buyer proved to be the best possible outcome for all parties, including ownership, management, and SPM. Centretek provides SPM with a range of new creative and technology-based digital services and expands the combined agency’s reach across the health sector.
