(01)EngagementOverview

Founded in 2008 and headquartered in Phoenix, Arizona, Nomadic is a digital-first creative agency specializing in brand strategy, creative advertising, and content marketing. Unlike traditional full-service agencies, Nomadic prides itself on being a single-service agency, focusing solely on creative endeavors. Over the years, the agency has developed a strong reputation for its expertise in working with high-profile clients like Disney Parks & Rewards, CapCom, Walmart, NBCUniversal, Amazon, and Epic Games. With a steadfast commitment to strategic, results-driven creative work, Nomadic has carved out a niche serving Fortune 500 brands with high content demands.

(Details)

  • Category Creative Content Development, Under $10M

(02)Inside TheEnterprise

Who Is Nomadic?

Nomadic operates as a specialized creative agency focused on delivering innovative strategies and compelling assets tailored for modern digital platforms. The agency has built a strong reputation in industries such as attractions, hospitality, video games, and better-for-you consumer packaged goods. By collaborating closely with experienced marketing leaders from renowned organizations, Nomadic ensures its creative solutions drive brand awareness and tangible business results. With numerous accolades, including recognition from the North American Effies, Digiday Awards, and Content Marketing Awards, Nomadic has consistently demonstrated excellence in the creative advertising space.

(03)Founder'sMotive

The Why Behind The Sale

Nomadic was part of The Harkey Group, a portfolio of five agencies under its holding company. As the group looked to focus more strategically on its other agencies, they decided it was time to find the right buyer for Nomadic. The leadership team believed Nomadic was an exceptional business with tremendous growth potential, but recognized that a new owner with fresh resources and expertise could take it to even greater heights. The decision to sell was driven by a desire to ensure Nomadic had the leadership and investment needed to scale effectively while allowing The Harkey Group to optimize its portfolio strategy.

(04)Founder’s Vision

Criteria for the Perfect Acquisition Fit

The Harkey Group sought a buyer that could provide Nomadic with the strategic backing necessary to fuel its next stage of growth. They wanted a partner with experience in scaling creative and digital-first agencies, financial resources to invest in talent, technology, and expanded service offerings, and alignment with Nomadic’s client-first culture and commitment to creative excellence. It was also important that the new leadership could integrate seamlessly with Nomadic’s existing staff and processes.

(05)Setting the Stage

Preparing Nomadic for Acquisition

To ensure a smooth transaction, Merge worked to highlight Nomadic’s strengths, including its enterprise client base, recurring revenue streams, and award-winning creative work. The agency’s leadership team, led by President Dawn Bates, was actively involved in the preparation process, ensuring that all financials, operational processes, and client relationships were in optimal shape for transition. By demonstrating consistent financial performance with a 19% growth rate from 2021 to 2023 and an average profit margin of 22%, Nomadic positioned itself as a highly attractive acquisition target.

(06)Attracting Suitors

Strategic Marketing of Nomadic for Acquisition

Merge strategically positioned Nomadic to appeal to buyers looking for a strong entry point into the digital marketing sector. The agency’s specialization in content marketing, social advertising, and brand strategy made it an ideal target for firms seeking to expand their digital capabilities. Merge identified Bridgeside Capital as a highly aligned buyer, given its interest in acquiring a platform agency in the digital marketing space.

(07)Sealing the Deal

Perfect Matchmaking with the Ideal Buyer

Bridgeside Capital, a private equity firm with a history of investments across various sectors, had been actively seeking to enter the digital marketing industry. Nomadic stood out due to its seasoned leadership team, marquee client base, and proven expertise in creative strategy. A key factor in the deal’s success was the commitment of Nomadic’s president to remain involved post-acquisition, ensuring continuity and growth. Bridgeside Capital recognized Nomadic’s ability to serve as a foundational platform for further expansion in the sector, making it the perfect fit for their investment goals.

(08)Unlocking Synergies

Positive Impacts Post-Transaction

With Bridgeside Capital’s backing, Nomadic is now well-positioned to scale its operations and expand its service offerings. The acquisition provides additional resources for talent acquisition, technology investment, and market expansion. Nomadic’s leadership team remains intact, ensuring a seamless transition and continued excellence in client service. The agency’s strong workplace culture and history of delivering high-impact creative solutions will be further strengthened under its new ownership, enabling continued success in the evolving digital marketing landscape.

(09)Finding a New Home

The Merge Difference

Merge played a crucial role in facilitating the acquisition of Nomadic, ensuring that both the seller and buyer found the right strategic fit. By understanding The Harkey Group’s goals and Bridgeside Capital’s vision, Merge was able to align the two parties seamlessly. Through expert positioning, targeted outreach, and meticulous deal structuring, Merge helped secure a successful transaction that allows Nomadic to thrive under new ownership while ensuring The Harkey Group achieves its portfolio optimization objectives. This transaction underscores Merge’s expertise in matching high-potential agencies with the right buyers to create lasting value for all stakeholders.