Solstice Mobile acquired by UK-based firm, will keep operations in Chicago

by Tessa McLean
March 17, 2015
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UK-based marketing firm St Ives Group has acquired Chicago-based Solstice Mobile for around $36 million. The acquisition will expand Solstice Mobile's platform internationally while assisting St Ives in furthering their digital expertise.
 
"As mobile continues to affirm its role as the primary digital channel, we are thrilled to have a platform to expand our digital innovation, experience design and digital product development capabilities on a global level," Solstice Mobile CEO and founder J Schwan said in a blog post. "Most importantly, St Ives shares our core values of servant leadership and utilizing company culture as a competitive advantage."
 
Solstice Mobile will continue to be managed from its current locations by its existing management team. 
 
“We are very excited to have found the perfect home for Solstice," Schwan said. "As mobile continues to affirm its role as the primary digital channel for consumers and employees, we are thrilled to have a platform to expand our services on a global level. Most importantly, St Ives shares our core values of using company culture as a competitive advantage."
 
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Recognized by Fortune as one of the Best Places to Work and Crain’s Chicago Business for cool office spaces, Solstice Mobile is a leader in Chicago's digital space. The creative team at Solstice continues to craft cutting edge digital products, from mobile applications to wearables linked to the IoT. Plus, they take care of their employees, too.
 
“We have some great perks, but I think what differentiates us is our investment back into employees,” Lucy Viereckl, a recruiting specialist at Solstice Mobile, said in a previous interview with Built In. “All full-time employees receive a self-directed $5,000 training budget each year and are encouraged to take classes, go to conferences, buy books, subscriptions, etc.”
 
They have offices in Chicago, New York and Buenos Aires and are actively hiring.
 
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