US Researcher Hypothesis Acquired by London's Elixirr

In London, consultancy firm Elixirr has announced the acquisition of US-based insights and strategy company Hypothesis, which it says will enhance its delivery of end-to-end solutions for clients.

Elixirr was founded in 2009 and has been quoted on the AIM market of the London Stock Exchange since 2020. In addition to strong organic growth the firm has made six previous acquisitions of boutique firms.

Hypothesis, founded in 2000 by Maria Stark and Jeff Seltzer and now with offices in Los Angeles and Seattle, combines consumer-centric qual research, advanced analytics, strategic thinking and data visualization, for clients 'of all sizes', with a focus on the consumer, technology and entertainment industries.

Elixirr says the two companies, who have recently worked together on a project, share both their 'challenger DNA' and an emphasis on 'bringing the consumer to the decision-making table'. In addition, Hypothesis' strong US presence and strong reputation will help accelerate Elixirr's growth across the Atlantic. Hypothesis CEO Maria Vallis (pictured), will now join Elixirr as Partner, based in Los Angeles.

Elixirr CEO and founder Stephen Newton comments: 'We first met the Hypothesis team about 18 months ago, and the opportunity to join forces has consistently excited us ever since those very first discussions... We're excited to welcome Maria to the Partner team as we accelerate our growth in the US. Her esteemed reputation - trusted by a high calibre of clients across additive and complementary industries - will make her a great addition to the team'. Vallis says the deal will allow Hypothesis to 'take its insights and recommendations further and do more to solve its clients' business issues'.

Stark and Seltzer, now Director and Chairman of Hypothesis, said in a statement, 'It's been incredible to watch the next generation of Hypothesis leadership evolve and grow the company while still embracing our original founding vision. Today, the transition is complete, and we're truly excited to watch Hypothesis and Elixirr disrupt and challenge the industry, and to continue helping the world's best brands do amazing things'.

Terms of the deal were not disclosed. Web sites are at www.elixirr.com and www.hypothesisgroup.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.