What you need to know:

• Simon Ryan has made another acquisition as part of his indie agency network RyanCap.
• The acquisition of Power Media Plus marks the company's first foray into Brisbane.

RyanCap has continued its acquisition push with Power Media Plus, an independently owned Brisbane-based full-service media agency. Power Media Plus will be rebranded to Ryvalmedia effective from 1 July. 

The deal represents RyanCap's first foray into the Brisbane market, with a presence already established in Melbourne and Sydney. Power Media Plus partners Mark Power and Kris Yule will remain with the business and lead the Brisbane operation. 

Power Media Plus offers solutions including performance digital, media strategy and buying, communications, content, and social media management.

The agency includes a portfolio of 20+ clients across a range of business categories, including automotive, retail, real estate, fin-tech, healthcare, agritourism, and eCommerce.

RyanCap CEO Simon Ryan said, "The acquisition of Power Media Plus is an exciting move for RyanCap, aligned with our strategic growth plan for the business. Mark and Kris' abilities and experience, matched with our growing capability, give us an excellent opportunity to provide a strong alternative in the Brisbane market."