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SYZYGY GROUP ACQUIRES MAJORITY STAKE IN AWARD-WINNING ARS THANEA

News11 - Global Banking | Finance

Digital communication and marketing network, SYZYGY Group, has raised its shareholding in Warsaw-based agency Ars Thanea from 26 to 70 per cent.  With a current revenue of £2.5 million, Ars Thanea is internationally recognised for its high quality work in the field of digital illustration, animation and interactive design.

SYZYGY Group expects its revenues to increase by 20 per cent to £35 million in 2014 with Ars Thanea forming a core part of the company’s growth strategy. Ars Thanea’s 50 skilled employees will add to SYZYGY’s existing team to create a combined talent pool of 450 people.

SYZYGY GROUP ACQUIRES MAJORITY STAKE

Co-Founder, Peter Jaworowski of Ars Thanea has repeatedly been named in the top 10 within Ad Week´s Talent List and has now built a team of 50 skilled employees. The company’s gaming division, AT Games, has earned an international reputation in games development.  The iPhone / iPad game “Puzzle Craft” has been downloaded almost 4 million times so far and has won numerous awards, including “25 Best iOS Games ever” (IGN.com), and best “Board/Puzzle” at the Appy Awards 2013.

Bartlomiej Rozbicki, CEO of Ars Thanea commented: “We have been co-operating closely with SYZYGY for over four years now during which time we have learned of the common values we share , not only as companies but as people. Being part of the Group will stabilise our position in foreign markets, particularly in Europe and the US, but what’s even more significant is the opportunity that our joining of forces presents. In a competitive market, we were looking for an independent and flexible partner, SYZYGY Group fits the bill perfectly at this stage in our development. Without doubt everyone will benefit from the strengthening of this relationship.”

Andy Stevens, Chief Operating Officers of SYZYGY Group said: “Peter Jaworowski, Bartlomiej Rozbicki and Pawel Piotrzkowski have built a team full of extraordinary talent. The results of our collaboration (Ars Thanea and other SYZYGY Group entities) have been amazing with high profile clients such as Chanel and Paramount already benefitting from their combined skills. We are delighted that Ars Thanea is now a full member of the family and look forward to delivering more outstanding work for our clients globally.”

Ars Thanea`s client list includes renowned brands such as Chanel, Discovery Channel, General Electric, Nike, Nutricia, Nvidia, Ubisoft and Visa.

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