The Client

Pixel Artworks is a London-based creative studio renowned for designing immersive, technology-driven experiences that blend bold creativity with cutting-edge digital storytelling. With a strong reputation for innovation and measurable impact, the business worked with blue-chip clients across fashion, travel, and technology.


The Challenge

As Pixel Artworks expanded, the leadership team recognised the opportunity to join forces with complementary agencies to achieve greater scale and international reach. To secure the right outcome, they needed an advisor who understood both the creative services sector and the dynamics of private equity-backed consolidation.


The Solution

Ryan Capital Partners acted as advisors to Pixel Artworks during its merger with DesignStudio and Analog, creating a new end-to-end creative group called Further. Backed by Waterland Private Equity, Further brought together branding, motion design, and experiential expertise under one group, offering a differentiated proposition to global clients. RCP guided the Pixel Artworks leadership through each step of the process, ensuring the deal structure reflected their ambitions while aligning with Waterland’s buy-and-build strategy.


The Impact

The merger established Further as a global creative group headquartered in London, with additional offices in New York, Sydney, and Dubai. Backed by Waterland’s capital and sector expertise, the group gained the scale, resources, and positioning to accelerate international expansion and deliver a more cohesive, integrated client experience. For Pixel Artworks, the deal represented a chance to amplify its creative impact while joining a platform built for sustained growth.


What They Said
“Damian has been a close confidant and extension of our internal team from the very start of our M&A journey. Knowledgeable, commercially-savvy and persistently deal-focused, Damian and the team would be great partners to anyone looking to realise the value in their business in the media, technology and marketing services sector.”
Tom Burch, CEO, PixelArtworks


Your Next Step
Thinking about scaling, merging, or selling your business? Contact Damian Ryan Capital Partners for a confidential conversation about how we can help you maximise value.