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Be Heard Group PLC

Be Heard buys stake in Digital Delivery Consulting

The revenue Be Heard has generated from new business wins secured through 3PD has more than paid back the cash investment.

Be Heard
Be Heard said the investment should prove to be a "significant source" of new business

Be Heard Group PLC (LON:BHRD) has bought a 20% stake in digital transformation consultancy, Digital Delivery Consulting Ltd, for £320,000 in cash.

The digital marketing and services group said the investment in Digital Delivery, which trades as 3pointsDigital (3PD), should prove to be a “significant source” of new business and further expand the range of services it offers to clients.

The revenue Be Heard has generated from new business wins secured through 3PD has more than paid back the cash investment.

"I am excited about the opportunities that this partnership can bring for both Be Heard and 3PD,” said Ben Rudman, chief operating officer of Be Heard.

"I have the highest respect for the 3PD management team who have worked with a wide range of international businesses, helping them to adapt their products and services to the fast-paced and ever-changing digital world."

Quick facts: Be Heard Group PLC

Price: £0.01

Market: LSE
Market Cap: £9.97 m
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