IVE Group Secures Domino’s Deal, Boosts Reach with Impressu and Budget Mail Acquisitions
IVE Group has inked a long-term marketing services agreement with Domino’s Pizza Enterprises and expanded its footprint through acquisitions of Impressu Print Group and Budget Mail Services.
- Signed 6+2 year marketing services agreement with Domino’s
- Acquired Impressu Print Group for $13.5 million, adding $30 million annual revenue
- Acquired Budget Mail Services for $1 million, expanding mail and communications capabilities
- Domino’s contract expected to generate over $80 million in revenue
- Strategic expansion into south-east Queensland and northern NSW markets
IVE Group’s Strategic Leap with Domino’s Partnership
IVE Group Limited (ASX – IGL) has taken a significant step forward in its growth trajectory by signing a long-term marketing services agreement with Domino’s Pizza Enterprises (ASX – DMP). The deal, spanning an initial six years with a two-year extension option, is projected to contribute more than $80 million in revenue during its term. This partnership not only cements IVE’s role as a key marketing services provider to one of Australia’s largest quick service restaurant chains but also opens doors to expanded service offerings beyond print, including creative content, customer experience data, events, and uniforms.
Acquisitions Bolster Scale and Regional Presence
Complementing the Domino’s agreement, IVE has acquired Impressu Print Group, a Brisbane-based print and direct mail business previously owned by Domino’s. Impressu brings an estimated $30 million in annual revenue and $4.5 million in EBITDA, acquired for $13.5 million. This acquisition enhances IVE’s operational footprint in the fast-growing south-east Queensland and northern New South Wales corridor, a region ripe with marketing opportunities.
In addition, IVE has purchased Budget Mail Services, a smaller Sydney-based mail and communications firm serving sectors such as share registries, charities, publishing, and education. With around $5 million in revenue and expected EBITDA of $0.5 million, the $1 million acquisition (plus integration costs) broadens IVE’s capabilities in direct mail and communications services.
Strategic Fit and Future Outlook
IVE’s Managing Director, Matt Aitken, highlighted the strategic alignment of these moves, emphasizing the new capacity, customer base, and national reach they bring. The Impressu acquisition, in particular, is seen as a growth lever in a dynamic regional market. The company is already planning integration efforts to ensure a smooth transition for customers and employees, signaling disciplined investment and a focus on shareholder value.
These developments come at a time when marketing services firms are increasingly seeking scale and diversified offerings to meet evolving client demands. IVE’s expanded relationship with Domino’s and its enhanced print and mail capabilities position it well to capitalize on these trends.
Bottom Line?
IVE’s expanded footprint and deepened Domino’s partnership set the stage for accelerated growth, but integration execution will be key.
Questions in the middle?
- How will IVE manage integration risks across Impressu and Budget Mail Services?
- What new service areas will Domino’s marketing agreement unlock for IVE?
- How might these moves influence IVE’s competitive positioning in regional markets?