Subsequent 15 Communications Group, which describes itself as a “tech and data-driven development consultancy,” has confirmed that it’s in discussions about buying Engine UK from its proprietor US-based Lake Capital.

Engine has been within the store window for a few yr now, with a reported valuation of about £100m though this can be for the entire group which additionally operates within the US and APAC.

Engine UK, which incorporates the previous WCRS, works with Warburtons (above), the Royal Navy, Crimson Bull, MoneySupermarket, AstraZeneca and telecom Sky throughout three actions: artistic, communications and “transformation.”

Subsequent Fifteen, primarily based initially on the Textual content 100 PR company (now Archetype), is AIM-listed with operations in Europe, North America and Asia Pacific. Different businesses embrace Elvis, style specialist ODD, Velocity and Mighty Social. Subsequent 15 is valued at £1.1bn, CEO is Tim Dyson.