QMS Media has acquired a majority stake in Digital Commons, New Zealand’s leading third party digital representation agency.
Digital Commons operates in New Zealand and Australia and will also act as QMS’s primary sales channel partner for automated products, having been instrumental in the development of its recently announced Digital Transaction Platform.
Commenting on the acquisition, QMS NZ CEO Wayne Chapman said, “Managing partners Lisa Ison and Johanna Cotter have impressed QMS with their market reputation, digital expertise and rapid growth since launching the company less than two years ago. During the process of working with them, it became clear that our two businesses had a lot to offer each other. Digital Commons is on a journey which QMS is well placed to support and we believe that there is significant opportunity and value to be created at the nexus of DOOH, online and mobile, which Digital Commons will help us unlock.”