StepChange, a Portland social media agency, was acquired this week for an undisclosed sum by Powered of Austin, Tex. Powered also scooped up Crayon and Drillteam, both in New York.
Crayon is a social media consulting firm, Drillteam focuses on blogger outreach and earned media and StepChange builds brand presence on social networks.
StepChange will retain its name, local management and its 13 Portland employees, according to Kevin Tate, who co-founded the agency in 2006 with Greg Rau.
“We’re going to have more gas in the tank. We’re going to have access to complementary social media tools,” Tate said last week. “The social media space has been so crowded that we feel like we need to be a big player and get access to the big brands.”
“We’d like to grow the company (in Portland) by at least 50 percent this year, if not more,” Tate said.
[via Mike Rogoway of The Oregonian, Brian Morrissey of Adweek and Rick Turoczy of Silicon Florist]
