Catcha Digital acquires 51% stake in Digital Symphony

From left: Kuhan Kumar, founder and CEO of Digital Symphony; Sarojah Thandan, director and shareholder of Digital Symphony; Eric Tan, CEO of Catcha Digital; and Voon Tze Khay, CEO of iMedia Asia (subsidiary of Catcha Digital)

KUALA LUMPUR: Catcha Digital Bhd has entered an agreement to acquire a 51% equity interest in digital marketing consultancy DS Services Sdn Bhd (Digital Symphony) for RM22.95mil.

In a statement, the group said the acquisition provides significant cross-selling opportunities between Catcha Digital’s existing advertising client base and Digital Symphony’s clientele.