Business Consulting

Fluvio

(01)Engagement
Overview

Strategic buyer acquires Fluvio for growth.

Founded by Devon O’Rourke, Fluvio is a remote-first product marketing consultancy built to close the gap between product and market for B2B technology companies. Devon brought hands-on product and marketing experience from Amazon and Etsy to the business, and what began as a focused product marketing practice grew into a full-service consultancy spanning go-to-market strategy, messaging and positioning, sales enablement, and launch execution, later expanding into a dedicated recruiting arm and an integrated learning and development offering. Today, serving mid-market and enterprise technology clients across B2B software, fintech, and adtech, Fluvio has established itself as a senior, embedded product marketing partner known for category leadership and a durable, retainer-based engagement model.

(Details)

  • Engagement Sell-Side Representation
  • Type Full Sale
  • Category SaaS & MarTech, Professional Services, Marketing & Advertising, Management Consulting, HR & Talent Advisory, Business Consulting, Under $10M
  • Buyer Type Strategic Acquirer
  • Deal Size Under $10M
  • Services Valuation & Market Positioning, Buyer Targeting & Outreach, Offer & Negotiation Support, Due Diligence Management, Closing & Transition Support

(02)Inside The
Enterprise

Who Is Fluvio?

Fluvio operates as a specialized product marketing consultancy, distinct from traditional agencies and contractor networks. The firm’s proprietary frameworks, including its GTM Assessment and GTM Model, give the business a structured, repeatable methodology for diagnosing maturity and operationalizing go-to-market work, reinforcing the category authority that drives the majority of its client relationships.

(03)Founder's
Motive

The Why Behind The Sale

Devon built Fluvio organically to a point where he believed the next phase of growth would benefit from a larger strategic partner. Rather than looking to step away, he was seeking additional capital, resources, infrastructure, and access to complementary businesses that could help accelerate growth, expand the company’s capabilities, and create new cross-sell opportunities. For Devon, this wasn’t a transaction about leaving the business he’d built, it was about finding the right platform to take Fluvio into its next stage of growth while remaining actively involved in a leadership capacity.

(04)Founder’s Vision

Criteria for the Perfect Acquisition Fit

Devon wanted a partner who could bring real resources and operating capability to Fluvio without disrupting the team, the delivery model, or the client relationships that had taken years to build. He was looking for a partner whose broader platform and ecosystem could open doors that would be difficult to reach alone, while still allowing him to continue building the business he’d founded. Above all, Devon prioritized a partnership that would let him keep growing Fluvio alongside the right team, not a clean exit from the business.

(05)Setting the Stage

Preparing Fluvio for Acquisition

To prepare Fluvio for market, Merge positioned the business as a specialized, recurring-revenue product marketing consultancy with a senior, founder-light delivery model and genuine category authority. The business stood out for its effectively recurring engagement structure, its full-time, and a founder who was focused on strategic growth rather than day-to-day delivery, a combination that made Fluvio an attractive platform for a partner looking to build rather than simply acquire.

(06)Attracting Suitors

Strategic Marketing of Fluvio for Acquisition

Merge marketed Fluvio as a rare opportunity to partner with an established, category-leading product marketing consultancy with sticky enterprise relationships and a scalable delivery model. Buyers were drawn to the firm’s inbound-driven demand engine, its senior W2 team structure, and the high-margin recruiting and learning and development lines layered on top of its core consulting practice. The opportunity was especially compelling for buyers running a broader platform strategy, ones looking not just to acquire a business, but to build alongside a founder who wanted to keep growing it.

(07)Sealing the Deal

Perfect Matchmaking with the Ideal Buyer

Fluvio found its partner in Baymark Partners, a firm pursuing a broader roll-up strategy focused on building a scaled consulting platform. Fluvio brought many of the characteristics Baymark was specifically targeting: recurring, retainer-style revenue, sticky enterprise client relationships, strong profitability, and an established management and delivery team already capable of running without heavy founder involvement. Just as important, Baymark’s strategy aligned closely with Devon’s own goals, bringing capital, operating experience, and a broader ecosystem of complementary businesses that could help accelerate Fluvio’s growth while Devon remained meaningfully involved.

(08)Unlocking Synergies

Positive Impacts Post-Transaction

The partnership gave Baymark a strong addition to its consulting platform, one with the recurring revenue model, delivery discipline, and category leadership the firm was specifically seeking. For Fluvio, the deal delivered exactly what Devon had been looking for: access to capital, shared resources, and the potential to combine with complementary businesses across Baymark’s broader platform, all while Devon stayed on to help lead the combined organization toward its longer-term goals. The potential to pair Fluvio with other businesses in Baymark’s ecosystem was identified from the outset as a key reason the partnership was built to flourish.

(09)Finding a New Home

The Merge Difference

Merge guided Devon through a founder-first process centered on finding a partner who could fuel Fluvio’s next chapter rather than simply close a transaction. By identifying a buyer whose platform strategy and resources mapped directly onto Devon’s own vision for growth, Merge helped structure a partnership that let Devon stay exactly where he wanted to be, in a leadership role, building Fluvio forward with a partner equipped to help him get there.


Catsnake

(01)Engagement
Overview

Strategic buyer acquires Catsnake for growth.

Founded in 2013 by Ed Dark and Stephen Follows, Catsnake is a London-based storytelling agency specializing in legacy fundraising, charity campaigns, strategic communications, and creative storytelling for nonprofit organizations. After evolving from a film production company into one of the UK’s leading fundraising agencies, Catsnake built a reputation for helping organizations like UNICEF, WWF, Amnesty International, and NHS Charities Together connect with supporters through emotionally compelling campaigns. Its proprietary framework and category-leading expertise in gifts-in-wills fundraising positioned the agency as a trusted strategic partner for some of the world’s most recognized mission-driven organizations.

(Details)

  • Engagement Sell-Side Representation
  • Type Full Sale
  • Category PR & Communications, Business Consulting, Branding & Creative, Under $10M, Creative Content Development
  • Buyer Type Strategic Acquirer
  • Deal Size Under $10M
  • Services Valuation & Market Positioning, Buyer Targeting & Outreach, Offer & Negotiation Support, Due Diligence Management, Closing & Transition Support

(02)Inside The
Enterprise

Who Is Catsnake?

Catsnake operates with a senior-led team supported by a long-standing network of trusted freelance specialists, allowing the agency to scale efficiently while maintaining creative excellence. Rather than functioning as a traditional production agency, Catsnake combines strategy, storytelling, research, creative development, and campaign execution into integrated fundraising solutions designed specifically for charities and nonprofits. With more than 60% of revenue generated from legacy fundraising initiatives and long-term client relationships spanning multiple years, the agency established itself as one of the UK’s leading specialists in this highly defensible niche.

(03)Founder's
Motive

The Why Behind The Sale

After more than a decade of growing Catsnake into a market leader, Ed and Stephen recognized that the agency had reached a pivotal point in its evolution. They believed Catsnake’s next stage of growth, particularly expansion into the United States, would require additional capital, operational infrastructure, and strategic resources beyond what they could build independently. Rather than stepping away from the business, both founders wanted to remain actively involved while partnering with an organization that could accelerate growth, create greater opportunities for the team, and preserve the agency’s mission-driven culture.

(04)Founder’s Vision

Criteria for the Perfect Acquisition Fit

For Catsnake, finding the highest bidder was never the objective.The founders wanted a partner that understood the nonprofit sector, valued the agency’s unique expertise in storytelling and legacy fundraising, and shared their long-term vision for growth. Maintaining the agency’s culture, protecting client relationships, and allowing Ed and Stephen to continue shaping the business after closing were all essential priorities. The ideal buyer would bring operational experience, financial resources, and international expansion capabilities while respecting everything that made Catsnake unique.

(05)Setting the Stage

Preparing Catsnake for Acquisition

Merge positioned Catsnake as far more than a creative agency. The business was presented as a category-leading consultancy with proprietary intellectual property, deep specialization in legacy fundraising, and long-standing relationships with many of the UK’s most respected charitable organizations. Buyers were attracted to Catsnake’s differentiated framework, its hybrid operating model that balanced scalability with creative quality, and its reputation as a trusted strategic advisor rather than simply a campaign execution partner. The agency’s recurring project relationships, thought leadership, and significant opportunities for AI integration and international expansion further strengthened the investment story.

(06)Attracting Suitors

Strategic Marketing of Catsnake for Acquisition

Merge marketed Catsnake as a rare opportunity to acquire one of the UK’s most respected nonprofit storytelling agencies with an established leadership position in legacy fundraising.Its reputation among Tier 1 charities, highly specialized expertise, and scalable operating model made the business particularly attractive to buyers looking to expand into the nonprofit sector. The opportunity became even more compelling through its clear expansion opportunities, including entering the U.S. market, productizing their proprietary framework, expanding into adjacent mission-driven sectors, and leveraging AI to improve research and strategic delivery.

(07)Sealing the Deal

Perfect Matchmaking with the Ideal Buyer

Catsnake was acquired by LNE Group, led by Lee Weingart, whose business specialized in government affairs, advocacy, and helping nonprofit organizations secure funding. Lee immediately recognized the complementary nature of the two organizations. While LNE Group focused on advocacy, government relations, and funding strategies, Catsnake brought deep expertise in storytelling, donor engagement, fundraising campaigns, and nonprofit communications. Together, the businesses created an opportunity to build a broader platform capable of helping nonprofit organizations raise awareness, secure funding, and expand their impact on both sides of the Atlantic.

(08)Unlocking Synergies

Positive Impacts Post-Transaction

The acquisition positioned Catsnake for its next chapter of growth while allowing the founders to remain actively involved in the business they had built. With LNE Group’s operational resources, capital, and established U.S. relationships, Catsnake gained the support needed to pursue international expansion, strengthen its service offerings, and continue investing in innovation. At the same time, LNE Group expanded its capabilities by adding one of the UK’s leading nonprofit storytelling agencies, creating meaningful cross-selling opportunities and a stronger platform to serve mission-driven organizations around the world.

(09)Finding a New Home

The Merge Difference

Merge guided Catsnake through a founder-first process centered on finding the right long-term partner rather than simply completing a transaction. Through strategic positioning, targeted buyer outreach, and hands-on transaction support, Merge helped Ed and Stephen identify a buyer who valued the agency’s culture, respected its expertise, and shared its long-term vision. The result was a partnership that preserved everything that made Catsnake successful while providing the resources, infrastructure, and strategic support needed to accelerate its next phase of growth.


Crawford Group

(01)Engagement
Overview

Strategic buyer acquires Crawford Group for growth.

Founded in 2000, Crawford Group is a California-based enterprise marketing and managed services agency specializing in embedded marketing, event, creative, and operational teams for large enterprise organizations. Over the past two decades, the agency built deep-rooted partnerships with global brands including Adobe, Cisco, AWS, Bloomberg, and Boomi, becoming known for its flexible delivery model, strategic marketing expertise, and ability to integrate seamlessly inside client organizations. Through its embedded team structure and outcome-driven approach, Crawford Group established itself as a trusted long-term partner for Fortune 500 companies navigating increasingly complex marketing and event execution needs.

(Details)

  • Engagement Sell-Side Representation
  • Type Full Sale
  • Category Over $10M, Female Founded, Business Consulting, Professional Services, Performance Marketing, Marketing & Advertising
  • Buyer Type Holding Company
  • Deal Size $10M-$25M
  • Services Valuation & Market Positioning, Buyer Targeting & Outreach, Offer & Negotiation Support, Due Diligence Management, Closing & Transition Support

(02)Inside The
Enterprise

Who Is Crawford Group?

Crawford Group operates as an enterprise marketing partner focused on embedded managed services, strategic consulting, and high-level marketing execution. The agency provides embedded teams, individual talent placements, and project-based program management across marketing, creative, martech, events, and customer experience functions. Unlike traditional staffing firms, Crawford Group positions itself as a strategic delivery partner, providing highly specialized talent and managed teams that operate directly within client organizations. Its operational model combines flexibility, scalability, and subject matter expertise, allowing enterprise clients to rapidly scale marketing initiatives while maintaining continuity and quality.

(03)Founder's
Motive

The Why Behind The Sale

After building Crawford Group over more than two decades, founder Judy Crawford began exploring opportunities to position the agency for its next phase of growth. While the business remained highly profitable and deeply entrenched with enterprise clients, the goal was to find a strategic partner that could further scale the platform, support continued expansion, and provide long-term opportunities for both the team and clients. The decision was centered around continuity, growth, and ensuring the agency’s strong reputation and culture would continue to thrive within a larger organization.

(04)Founder’s Vision

Criteria for the Perfect Acquisition Fit

For Crawford Group, the ideal acquirer needed to understand enterprise marketing complexity, embedded service delivery, and the importance of long-standing client relationships. Preserving the agency’s strategic approach, delivery standards, and flexible managed services model was essential. The right partner would value Crawford Group’s reputation, operational maturity, and deep enterprise relationships while bringing additional infrastructure, growth resources, and scalability to support the next chapter of expansion

(05)Setting the Stage

Preparing Crawford Group for Acquisition

To prepare Crawford Group for market, Merge positioned the agency as a highly differentiated enterprise marketing platform with exceptionally strong client retention and recurring revenue visibility. The business stood out for its embedded team structure, long-term Fortune 500 relationships, and diversified service offerings spanning marketing, creative, martech, and event management. Crawford Group’s scalable staffing infrastructure, mature operational systems, and highly recurring engagement model made it especially attractive to buyers seeking predictable enterprise revenue and long-term client partnerships.

 

(06)Attracting Suitors

Strategic Marketing of Crawford Group for Acquisition

Merge marketed Crawford Group as a rare opportunity to acquire a deeply embedded enterprise marketing partner with decades-long client relationships and a highly scalable managed services model. Buyers were particularly drawn to the agency’s strong positioning within large enterprise organizations, its outcome-driven delivery approach, and its ability to provide flexible embedded teams across multiple marketing disciplines. Crawford Group’s long-standing relationships with globally recognized brands such as Adobe, AWS, Cisco, and Bloomberg reinforced its credibility and market leadership within the enterprise services landscape.

(07)Sealing the Deal

Perfect Matchmaking with the Ideal Buyer

Crawford Group was acquired by 24 Seven, a leading talent and workforce solutions firm specializing in creative, marketing, digital, and technology staffing. The acquisition strategically expanded 24 Seven’s enterprise marketing and managed services capabilities while strengthening its ability to support large-scale embedded team engagements for global clients. By combining Crawford Group’s embedded delivery expertise and enterprise client relationships with 24 Seven’s national talent infrastructure and workforce solutions platform, the combined organization created a stronger, more scalable offering for enterprise marketing organizations.

(08)Unlocking Synergies

Positive Impacts Post-Transaction

Following the acquisition, Crawford Group gained access to expanded operational resources, broader talent networks, and additional infrastructure to support future growth. The partnership enhanced the combined organization’s ability to deliver embedded marketing solutions, strategic consulting, and enterprise workforce management at scale. Clients benefit from expanded capabilities and deeper support resources, while employees gain increased opportunities for professional growth within a larger platform organization.

(09)Finding a New Home

The Merge Difference

Merge guided Crawford Group through a strategic, founder-focused acquisition process centered on long-term alignment, operational continuity, and future growth. Through targeted buyer outreach, thoughtful positioning, and hands-on transaction support, Merge helped Crawford Group find the right strategic home with 24 Seven, a partner well-positioned to support the agency’s next chapter. The result is a strengthened enterprise marketing platform built to serve some of the world’s most sophisticated organizations with scalable, embedded marketing solutions.


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