Job Losses Indicate S4 Capital 'not A Business That Can Say It's Growing'
The firm recorded negative net revenue growth for the year to date – and signaled more job losses are due in the coming months.
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The firm recorded negative net revenue growth for the year to date – and signaled more job losses are due in the coming months.
US private equity firm has purchased a majority stake in UK digital ad agency group MSQ, promising further deals.
A recent ‘flurry’ of deals for specialist influencer agencies indicates the sector has become important industry crossroads, say M&A experts.
Specifically, the agency holding groups. Publicis may have denied a report from Campaign that it has held talks with a private equity investor about a possible deal but conversations like this are par for the course right now. “These conversations are an ordinary course of business for big companies that find themselves in the positions the holding groups do now,” said Jim Houghton, partner at M&A advisors Waypoint. They may be hulking, legacy businesses, but the agency holding groups represent something that’s like catnip to private equity investors — an arbitrage opportunity. ...