Monday, October 21, 2013

Banyan Branch Acquired By Deloitte

Seattle-based digital and social media agency Banyan Branch has been acquired by accounting and consulting giant Deloitte, Deloitte announced this morning. Financial details of the acquisition were not disclosed. According to Deloitte, the acquisition will help amplify its social capabilities and help its clients. Banyan Branch was founded in 2007, and was led by Alex Garcia, Dave Hanley and Alicia Hatch, who are all joining Deloitte as part of the buy. Banyan Branch's angel backers included Bob Gay (Huntsman Gay Global Capital), Bill Bryant (Draper Fisher Jurvetson), Geoff Entress (Voyager Capital), Neil Patel (KISSmetrics), Chas Franklin (Qpass), Taft Price (Oakley Networks), Adam Gross (The Jordan, Edmiston Group), Andrew Garnock, and John MOrris (West Olympic Investments).