Catalyte Acquires The Agency Shop, Absorbs its Staff

Baltimore-founded workforce development company Catalyte on Monday officially announced that it has brought a digital marketing company, The Agency Shop, under its umbrella via an acquisition.

The two companies had previously been working together for a year before officially merging. Catalyte communications director Adam Curtis told Technical.ly via email that the acquisition officially closed in December, which is also when then-new CEO Matt Derella mentioned the acquisition in a comment to the Baltimore Business Journal. With the acquisition’s completion, Otterbein-based Catalyte will now also train people to join media departments and agencies along with training people to be software developers.

“The Agency Shop came to us with the idea that we could apply our market-tested process for uncovering, unlocking and unleashing software development talent to the digital marketing industry,” said Derella, in a statement. “Now that we’re officially one team, we will continue to build off of these successful pilot projects and deliver the high quality, diverse talent agencies need.”

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