M&A Deal Summary

Stagwell Acquires Movers+Shakers

On November 2, 2023, Stagwell acquired marketing company Movers+Shakers

Acquisition Highlights
  • This is Stagwell’s 17th transaction in the Marketing sector.
  • This is Stagwell’s 15th transaction in the United States.
  • This is Stagwell’s 4th transaction in California.

M&A Deal Summary
Date 2023-11-02
Target Movers+Shakers
Sector Marketing
Buyer(s) Stagwell
Deal Type Add-on Acquisition

Target

Movers+Shakers

Santa Monica, California, United States
Movers+Shakers is a disruptive creative agency that creates culturally relevant brands in a socially-native world. The agency helps clients in reinventing playbooks for mainstream platforms or pioneering success on emerging platforms. Clients include e.l.f., Unilever, Target, Hasbro, lululemon, and Netflix. Movers+Shakers is based in Santa Monica, California.

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Buyer(S) 1

Buyer

Stagwell

New York, New York, United States
Category Company
Sector Marketing
Employees10,250
Revenue 2.5B USD (2023)
DESCRIPTION

Stagwell is a private company focused on investing in and acquiring companies in advertising, research, data analytics, public relations, and digital marketing services. Stagwell is based in New York City.

DEAL STATS #
Overall 23 of 28
Sector (Marketing) 17 of 21
Type (Add-on Acquisition) 19 of 24
State (California) 4 of 4
Country (United States) 15 of 15
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-25 ConcentricLife

New York, New York, United States

ConcentricLife is a healthcare marketing agency with expertise in helping Life Sciences brands build an optimal brand experience at any stage of the health journey. ConcentricLife was founded in 2002 and is based in New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-22 Sidekick

Virginia Water, United Kingdom

Sidekick is a collective of specialist agencies focused on experiential, digital storytelling, and branded content. Sidekick is based in Virginia Water, England.

Buy -
Mergr

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