And came back with a new agency.
Boise-based 116 & West has acquired Klündt Hosmer, a Spokane, Washington-based agency of similar size that was founded in 1987 by Darin Klündt and Rick Hosmer.
In a statement about the acquisition, Darin Klündt said, “We have worked with thousands of organizations, created hundreds of brands, and guided visual communications for clients throughout the Inland Empire, and we’re excited to offer more robust full-service marketing with the additional resources and experience 116 & West provides.”
Also, from Carolyn Lodge, chief operating officer at 116 & West, “Klündt Hosmer’s design-centered approach, longevity in the market, and value proposition to a loyal client base made them an attractive addition to 116 & West, and Spokane is a city we love and have had roots in for many years.”
The four partners of Klündt Hosmer will remain with the company, as principals, with offices in the historic Commission Building in downtown Spokane.
This marks the second acquisition for 116 & West. As MMG, the agency acquired Davies Rourke in 2009. The newly-combined entity subsequently rebranded to DaviesMoore, which then took on its current 116 & West identity in early 2020.
Word got to us a few days ago, and was confirmed via a press release recently issued by Ivie, that Ivie & Associates has acquired CLM Marketing & Advertising in Boise.
A couple of excerpts from the release:
CLM, founded in 2003, is a strategic creative agency headquartered in Boise, Idaho, with expertise and capabilities expanding the variety of client verticals that the Ivie family of companies serve.
Ivie has grown considerably since it was founded 21 years ago. Through acquisitions and client portfolio expansion, Ivie has achieved 40 percent year-over-year growth for the past five years. In a continuing effort to provide world-class marketing services to its clients, Ivie is constantly seeking knowledge and expertise in new areas of marketing and advertising. CLM was a perfect fit for the Ivie family of companies.
Ivie & Associates is headquartered in Flower Mound, Texas, and employs over 550 professionals throughout its U.S. and China offices.
Given that Ivie established a presence in Boise last fall, it will be interesting to see what—if anything—becomes of either local office.