Digital tech provider MagiClick acquires Dock9

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The acquisition will mean MagiClick, which provides design capabilities and has a strong presence across Turkey and the MENA region, will extend its headcount to 160 employees across three offices in London, Istanbull and Dubai.

Dock9 is well known in the mortgage industry having provided specialist digital solutions to the likes of Castle Trust Bank, Kensington Mortgages, Masthaven Bank, Twenty7Tec, Vida Homeloans, and Virgin Money.

Mark Lusted, Dock9’s founder, will now move to the role of CEO of MagiClick’s UK operations. He said: “Over the past 13 years, we have organically grown Dock9 into one of the most respected digital agencies within the financial services space, helping incumbent players innovate and hit back at the startups along the way.

“From the first meeting with MagiClick, we saw huge similarities in their approach, culture, and vision for the future of financial services technology.

“There are not many digital agencies in the world with more than a couple of banking clients, and MagiClick is unique in supporting the digital transformation of over 30 financial institutions in seven countries. We are looking forward to combining our capabilities to offer even more innovative products to the financial services sector in the UK.”

MagiClick said its acquisition of Dock9 was part of its strategy to become the leading financial services technology and digital experience agency within Europe.

Murat Kalaora and Renée Tiyano, founding partners at MagiClick, said: “As one of the few digital agencies in the world with deep expertise in the banking & finance industry, we recognised that Dock9 would be a great fit with us – they are the right size to benefit from being part of a larger group, they share our focus on financial services and have a solid client base.

“Their expertise in Umbraco, Sitefinity, and Kentico will also be complementary to our existing offerings. We were really impressed by the quality of their work and the talent of the team led by the company’s incredibly passionate founder Mark Lusted. We are looking forward to growing the company together.”