M&A Deal Summary

Interpublic Acquires True North Communications

On March 19, 2001, Interpublic acquired marketing company True North Communications for 2.1B USD

Acquisition Highlights
  • This is Interpublic’s 9th transaction in the Marketing sector.
  • This is Interpublic’s 2nd largest (disclosed) transaction.
  • This is Interpublic’s 10th transaction in the United States.
  • This is Interpublic’s 1st transaction in Illinois.

M&A Deal Summary
Date 2001-03-19
Target True North Communications
Sector Marketing
Buyer(s) Interpublic
Deal Type Add-on Acquisition
Deal Value 2.1B USD
Advisor(s) Morgan Stanley (Financial)
Sidley (Legal)

Target

True North Communications

Chicago, Illinois, United States
True North Communications, Inc. is an advertising and communications company. It has three major global brands: FCB Worldwide, advertising; BSMG Worldwide, public relations; and Marketing Drive Worldwide, marketing services.

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Buyer(S) 1

Buyer

Interpublic

New York, New York, United States
Category Company
Founded 1902
Sector Marketing
Revenue 10.9B USD (2023)
DESCRIPTION

Interpublic Group provides advertising and marketing services worldwide. Interpublic Group was founded in 1902 and is based in New York, New York.

DEAL STATS #
Overall 12 of 28
Sector (Marketing) 9 of 20
Type (Add-on Acquisition) 11 of 23
State (Illinois) 1 of 1
Country (United States) 10 of 20
Year (2001) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-30 Deutsch

New York, New York, United States

Deutsch, Inc. provides as a marketing communication company.Founded in 1969.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-02 DeVries Public Relations

New York, New York, United States

DeVries Public Relations, Inc. is a full service firm specializing in marketing public relations. DeVries Public Relations follows a unique business model, concentrating its resources on a comparatively short list of clients who are major corporations committed to public relations as a powerful marketing resource.

Buy -
Mergr

Product

Company

Legal