In our partner Clarity’s report this month they look at the continued acceleration of global consultancies and IT service providers as serial acquirors of marketing capabilities.
M&A in marketing services have never been so unpredictable. JEGI | Clarity’s report looked at 867 agency acquisitions across Europe, No. America & Australasia last year and found that 39% of agencies were bought by a business with “a heritage outside marketing services.”
JEGI Co-President Tolman Geffs moderated a panel at AdExchanger’s Industry Preview conference on January 19 in NYC, discussing how PE investment has come through as a source of financial stability in marketing tech innovation. Watch the video of the panel session.
In our partner Clarity’s report this month they examine the dynamics and drivers of China’s M&A activity in 2016 and discuss their views as to what shape this might take going forward.
While the number of mergers and acquisitions in the B2B Media & Technology space dipped 5 percent to 88 in 2016, the value of those deals soared 427 percent to $32.9 billion, thanks to a few key blockbuster deals, according to JEGI’s M&A Report.
Despite predictions that winter is coming to ad tech, deal activity for the ad tech, mar tech and digital media sectors was tentatively healthy in 2016. JEGI reported deal activity at roughly $219 billion.
Two agency holding companies — Dentsu and WPP Group — were the most active in mergers/acquisitions among media/communications/technology companies in 2016. Both companies made 70 transactions — Dentsu (37) and WPP Group (33), according to JEGI.
A consortium of Chinese investors led by Cultural Investment Holdings has acquired a majority stake in London-based Framestore, a provider of VFX and CG content. JEGI and Clarity advised Framestore on the transaction.
BLR and UCG-owned businesses DecisionHealth, Argosy and CCMI—have been merged and sold to Leeds Equity Partners. Leeds Equity created a new entity called Simplify Compliance Holdings to manage this new group.
Connect Meetings is a leading provider of trade shows in the United States. JEGI, the leading investment bank for the B2B and B2C events sector globally, represented Connect Meetings in this transaction
“The sale of Experient provided a close-up view of why JEGI thrives. The firm’s focus on detail, attention from top management, tireless negotiations, and ability to keep the process on schedule all met the highest standards of a blue chip firm. Thank you, JEGI!”Amy Margolis, Principal, The Riverside Company
“We couldn’t be happier with our decision to partner with JEGI. We researched five firms before choosing JEGI, because of their experience, network, and optimal positioning. Their prospective buyers included many that had never been on our radar. We are very pleased with the outcome.”Bob Moss, CEO & Founder, Competitrack
“Working with JEGI is like bringing an NBA ringer to your street game. From start to finish they gave us everything: smarts, passion, judgement, experience, and relentless effort. We met with a number of bankers, and we couldn’t have been happier with our choice.”Mitchell Reichgut, Chief Executive Officer, Jun Group
“The JEGI team is one of the most effective in the industry. Their expertise and effort in this transaction reduced our management team’s workload by 30%. Their effectiveness drove an exceptional outcome, and they did it with grace and style. JEGI has a lifelong friend.”Monte Wood, President, Opus
“I have now completed my fourth successful transaction with JEGI. They know their markets inside and out and are strategic, creative, tenacious and results oriented. Most importantly, they have always added significant value and delivered outstanding results. JEGI goes above and beyond to deliver the desired results for their customers.”Bob Dethlefs, Chief Executive Officer, Evanta