1905 New Media acquires Lelander
1905 New Media has acquired St. Louis-based software firm Lelander for an undisclosed sum, aiming to bolster its custom software, application development, and artificial intelligence capabilities. The acquisition allows 1905 New Media to broaden its technological offerings while celebrating 120 years as a family-owned enterprise. This move is expected to enhance the company's integrated marketing services, which range from commercial printing to digital marketing.
The transaction involves 1905 New Media, a fourth-generation family business that operates in markets including St. Louis and Chicago, serving over 200 clients with a workforce of nearly 50 specialists. With the acquisition of Lelander, 1905 New Media integrates a firm founded by JP Revel, who brings nearly three decades of expertise in software development and IT alongside experience in the advertising and marketing sectors. The terms of the acquisition remain confidential.
For 1905 New Media, the acquisition serves a strategic purpose—expanding its reach in software solutions and AI. By acquiring Lelander, the company aims to enhance its capabilities in custom application development, which is crucial as businesses increasingly demand tailored technological solutions. John Meilink, President of 1905 New Media, likely sees this development as a pivotal step in differentiating the company from competitors by offering a broader suite of integrated services under one roof.
This acquisition occurs in a competitive landscape where software development firms are in high demand. As technology continues to evolve rapidly, companies like 1905 New Media are seeking comprehensive IT solutions to maintain an edge. For similar firms operating in the St. Louis region and beyond, this acquisition underscores the importance of expanding technical capabilities in order to remain competitive.
Looking forward, successful integration of Lelander's team and capabilities will be critical for 1905 New Media to maximize the benefits of this acquisition. The firm's ability to leverage Lelander's expertise to enhance its software development and AI offerings will be closely watched by industry observers. With no regulatory hurdles apparent in the acquisition's path, attention will likely focus on execution rather than approvals.
Deal timeline
This transaction is classified in software development. Figures and status may change as sources update.