Mergers and Acquisitions, Mergers and Acquisitions, IT management

Wellspring Search Acquires Absolute Web Designs

Credit: Getty Images

Wellspring Search LLC has acquired Absolute Web Designs, a Lawrenceburg, Indiana-based web design firm. This marks Wellspring’s third acquisition in the last 12 months. Financial terms from this deal were not disclosed.

Absolute Web Designs began operating in 2001 as a retail computer store in west Virginia. Eventually, the company shifted to web design and relocated to Indiana. The firm now works with a number of industries, including local and state governments, radio stations, and various businesses throughout Indiana, Ohio, Kentucky, and West Virginia.

Wellspring Search Managing Partner Karl Hindle says his firm wants to expand Absolute’s operations and add three new positions this year.

"We are very happy to have completed the Absolute Web Designs deal before the New Year," Hindle said in a news release. "This transaction provides us with several opportunities to improve customer value, which we are underlining by committing to zero price increases in 2019 while improving service delivery."

Wellspring Search is a digital marketing company with SEO expertise. Among the company’s partners are Facebook Ads, WordPress, Twitter Advertising, LinkedIn, and more.