‘This acquisition is both strategic and heartfelt’: Shadowboxer and Southpaw acquired by Reece Group

Venture studio Shadowboxer and its subsidiary web design agency, Southpaw, has been acquired by Reece Group.

The acquisition will see the senior teams at Southpaw and Shadowboxer become part of  “Reece Group’s Breakthrough Innovation Group (BIG) alongside its venture capital arm Superseed Ventures, creative agency Trout and innovation consultancy Next”.

Specifically, Shadowboxer’s managing partner and founder, Konrad Spilva, will take on the role of chief digital officer for Australia and New Zealand at Reece. Meanwhile, Spilva’s colleague and Shadowboxer partner for strategy, Stephen Graham, is being promoted to act as the studio’s general manager.