Guernsey and Jersey-based marketing agency Oi has been acquired by David Hitchcock and his team.
David, a former Managing Director of JP Morgan and UK Chair of Grant Thornton, is also on the board of Guernsey-based rum business The Juggling King.
His team of marketing specialists and investors includes Jamie Moyes, UK Sales and Marketing Director for The Juggling King, and Jonny Welch, owner of Swoosh Media.
Peter Grange founded Oi 17 years ago, with the agency providing marketing and creative services to a varied global clientele.
He commented: “I have decided to exit Oi to pursue new ventures. Oi’s new owners possess over 30 years of experience in the marketing and advertising industry, with businesses operating between Guernsey, Jersey and London.
"The acquisition will bring additional services and areas of expertise that Oi will be able to offer to clients in future, including blockchain, technical support and strategy planning.”