M&A Deal Summary

Omnicom Group Acquires Cone

On December 1, 1999, Omnicom Group acquired media company Cone

Acquisition Highlights
  • This is Omnicom Group’s 4th transaction in the Media sector.
  • This is Omnicom Group’s 5th transaction in the United States.
  • This is Omnicom Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 1999-12-01
Target Cone
Sector Media
Buyer(s) Omnicom Group
Deal Type Add-on Acquisition

Target

Cone

Boston, Massachusetts, United States
Cone, Inc., is a strategic marketing communications firm with a passionate commitment to the new and innovative. Core build leadership-brands both on and offline by creating strategic positions and campaigns for our clients. We provide strategic counsel and services in areas such as brand-centering, marketing communications, public relations, online marketing and promotions, strategic philanthropy and cause-related marketing, community and employee relations.

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Buyer(S) 1

Buyer

Omnicom Group

New York, New York, United States
Category Company
Founded 1944
Sector Marketing
Employees75,900
Revenue 14.7B USD (2023)
DESCRIPTION

Omnicom Group is an advertising, marketing, and corporate communications company. The company offers a wide range of services in advertising, strategic media planning and buying, precision marketing, retail and digital commerce, branding, experiential, public relations, healthcare marketing and other specialty marketing services to over 5,000 clients in more than 70 countries. Omnicom Group was founded in 1944 and is based in New York City.

DEAL STATS #
Overall 5 of 30
Sector (Media) 4 of 12
Type (Add-on Acquisition) 5 of 29
State (Massachusetts) 1 of 1
Country (United States) 5 of 25
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-04-10 Fleishman-Hillard

St. Louis, Missouri, United States

Fleishman-Hillard, Inc., a communications firm, specializing in public relations, public affairs, marketing, paid media, and transmedia and social content.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-19 Grizzard Communications Group

Atlanta, Georgia, United States

Grizzard Communications Group, Inc., a nonprofit fundraising and direct marketing communications company.

Buy -
Mergr

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