WGSN acquires Mindset Communicaco e Marketing Ltda in Brasil

September 4, 2013 — Fusion DigiNet

wgsnWGSN, the global trend forecasting service, has acquired Mindset Communicaco e Marketing Ltda, its marketing partner in the Latin American market.

Mindset is an advisory agency dedicated to research and analysis of future and current consumer behavior. It works with many leading companies in Brazil and brings a loyal subscriber base and great relationships with major retailers, merchandisers and designers across the region. Mindset has been a reseller of WGSN’s trend service subscription for nine years.

This agreement will provide Mindset access to WGSN’s infrastructure, wider global markets and their expertise in technology, content, operations and customer excellence. It will enable WGSN to be even closer to its customers in Latin America and create local content direct for that market. It will also enable other Top Right Group businesses to benefit from Mindset’s expertise in Brazil and across the LATAM region.

Julie Harris, CEO of WGSN and Planet Retail commented: “We are delighted to announce this acquisition, which not only further strengthens WGSNs position in the Latin American market, but is also part of a wider strategic objective to expand our trend, retail and intelligence services in new and developing markets.”

This is the group’s second acquisition this year following the purchase of certain online assets of Mudpie, a provider of fashion trend forecasting with more than 200 customers worldwide.

Top Right Group Latin America is headquartered in Sao Paulo and will shortly move to a new office near Faria Lima.

UK, London & Sao Paulo

Posted in B2B Services, Conference/Exhibitions/Events, Consultancy, Content Media, e-Commerce, Internet Media, Publishers, ~Europe, ~Latin America and Caribbean. Tags: , , . Leave a Comment »

Eventbrite acquires London-based Lanyrd and Latin American events company Eventioz

September 3, 2013 — Fusion DigiNet

eventbriteEventbrite, the global self-service ticketing platform, has acquired London-based event data company Lanyrd, and Argentinean-based ticketing company Eventioz. The terms of the deal were not disclosed. These acquisitions are the first for the Eventbrite which in April raised $60 million in funding. T

“For seven years, Eventbrite has focused on creating, scaling and promoting the best ticketing platform on the market. Now it’s time for us to open our pocketbooks a bit to accelerate our growth around the world,” said Kevin Hartz, Eventbrite Co-Founder and CEO. “These two acquisitions perfectly align with the strategic focus for the company, while adding significant assets and technical power to our platform.”

lanyrd Lanyrd, a social conference directory based in London, allows users to add and discover events as well as track friends’ professional event activity. The company was founded in 2010, and has worked with nearly 40,000 events in 148 countries.  The Lanyrd team will relocate to Eventbrite’s headquarters in San Francisco to be part of the 100+-strong engineering effort. Eventbrite will continue to support Lanyrd.com and its community after the acquisition.

eventioz Eventioz is a Latin American ticketing platform with operations in Argentina, Brazil, Chile, Colombia, Mexico and Peru. Since the business started in 2008, it has helped  more than 15,000 organisers create, promote and sell tickets to nearly 20,000 events.

USA, San Francisco, CA & UK, London & Argentina

Posted in Conference/Exhibitions/Events, Content Media, ~Europe, ~Latin America and Caribbean, ~North America. Tags: , , . Leave a Comment »

Dogan Group offers $742 million for a 53% stake in Turkish digital pay-TV operator Digiturk

September 3, 2013 — Fusion DigiNet

Turkey’s Dogan Group has made a $742 million bid to Cukurova Holding for a 53 percent stake in Turkish digital pay-TV operator Digiturk. The offer, values Digiturk at $1.4bn. The remaining 47 per cent is owned by Providence, the US private equity group

Dogan Holding already owns D-Smart, the country’s second biggest digital pay-TV operator. Turkey’s biggest telecoms operator Turk Telekom, which is 30% owned by the Turkish state, is also reported to be interested in the Digiturk stake.

Other reporting

Turkey, Istanbul

 

Posted in Broadcasting, Content Media, ~Asia, ~Europe. Tags: , , , . Leave a Comment »

Bloomsbury acquires Hart Publishing

September 2, 2013 — Fusion DigiNet

BloomsburyBloomsbury Publishing Plc has today completed the acquisition of Hart Publishing Ltd the Oxford-based legal publisher, from the management shareholders. The initial consideration of £6.5 million (which is subject to working capital adjustments) was paid in cash on completion from Bloomsbury’s own cash reserves.

A further cash consideration of up to a maximum of £0.5 million will be payable on the achievement of certain revenue and title number targets for the period ending 31 March 2014. The acquisition is expected to generate cost savings and be immediately earnings enhancing contributing approximately £1.4 million of revenue to Bloomsbury in the year ending 28 February 2014.

Hart was founded in 1996 and has developed an extensive list with leading authors including Michael Fordham QC, Andrew Burrows, Grainne de Burca, JW Carter, Peter Cane, Simon Deakin, Vernon Bogdanor, Robert O’Donoghue, Philip Coppel QC and Michael Beloff QC amongst others. Hart generated £2.6 million of revenue and £0.5 million of profit before tax in the year ended 31 March 2013. Gross assets at that date were £1.4 million.

Nigel Newton, Chief Executive of Bloomsbury commented, “The acquisition of Hart increases our presence in the academic and professional market and is a significant step forward in achieving our ambition of generating 50% of turnover from this important sector. It is complementary to, and will substantially enhance, Bloomsbury Professional, in particular increasing the division’s international sales. Our growing proportion of academic and professional revenues will increase profit margins and give our results more stability. The mix of digital and subscription based services that can be built out of the acquisition are hugely exciting and will provide good financial returns.”

UK, London & Oxford

Related articles:

Posted in Content Media, Publishers, ~Europe. Leave a Comment »

WPP’s tenthavenue acquires minority stake in Candyspace in the United Kingdom

September 2, 2013 — Fusion DigiNet

wppWPP’s wholly-owned operating company, tenthavenue, has acquired a minority interest in Candyspace Media, a multi-platform agency in the UK. Terms of the deal were not disclosed.

Established in 2005 in London, Candyspace is a full service mobile and multichannel digital agency, employing 25 people. Its services include strategy and planning, user experience, design, development, testing, analytics, project and campaign management.

UK, London

Related articles:

Posted in Marketing/Advertising, ~Europe. Tags: , . Leave a Comment »

Ebiquity acquires Stratigent

August 20, 2013 — Fusion DigiNet

Ebiquity has acquired Stratigent LLC. Stratigent is a US-based multi-channel analytics provider that helps its clients to measure and optimise their consumer communications and engagement, predominantly focused on ‘owned’ channels.

The majority of these interests are being acquired from Stratigent’s founders, Julie Oberweis and Josh Manion, for an initial consideration of approximately US$4m. The maximum total consideration for these interests is up to US$7m, payable in cash, depending on the performance of the Stratigent business in the full financial year ending 31 December 2013.

Members of Stratigent’s management team hold a minority of interests in Stratigent. These interests are being acquired for an aggregate consideration of up to US$1.5m, depending on the performance of the Stratigent business in the three financial years ending 30 April 2016.

Stratigent’s unaudited revenue for the year ended 31 December 2012 was approximately US$3.5m and it generated an unaudited operating profit of approximately US$0.9m. Stratigent employs approximately 20 people. The Acquisition is expected to be earnings enhancing in the first full financial year.

Stratigent’s CEO, Bill Bruno, will remain as Chief Executive of the Stratigent business.

At the same time, Ebiquity has increased its debt facility with Bank of Ireland and Barclays to provide an additional £6m of available funds. The increased facility will be used to fund the acquisition and to make funds available for other potential future acquisitions.

Michael Greenlees, Chief Executive Officer of Ebiquity, said, “The acquisition of Stratigent represents a significant step into marketing performance optimisation in the US market. We are delighted to welcome Bill Bruno and his team to Ebiquity and look forward to their growing contribution to our business.”

UK, London & Naperville, IL

Related articles:

Posted in Marketing/Advertising, ~Europe. Leave a Comment »

Addison acquires majority stake in digital corporate communications agency, The Group, in the UK

August 19, 2013 — Fusion DigiNet

WPP‘s wholly-owned company Addison Corporate Marketing Limited, a corporate communications agency, has acquired a majority stake in Emaxol Limited, the holding company of IR Group Limited, an online corporate communications agency. The combined business will trade as Addison Group. The terms of the deal were not disclosed.

Founded in London in 1991 by Mark Hill, The Group employs 65 people and specialises in designing, building, hosting and developing corporate websites and digital consulting services. Clients include Tesco, BG Group, Centrica, Kingfisher, InterContinental Hotels Group, Tullow Oil, Cairn Energy, Petrofac and Rexam.

The Group’s consolidated unaudited revenues for the year ended 31 July 2013 were £5.9 million, with gross assets of £5.1 million as at the same date.

UK, London

Related articles:

Posted in Content Media, Market Data & Information, ~Europe. Leave a Comment »

JWT to acquire majority stake in Post Visual in South Korea

August 16, 2013 — Fusion DigiNet

wppWPP‘s wholly owned operating company, JWT, has agreed to acquire a majority stake in Post Visual, a highly awarded digital agency in South Korea. The terms of the deal were not disclosed.

Headquartered in Seoul, Post Visual is considered also to be a top creative agency in South Korea, with major clients including Nike, Google, and eBay. Post Visual was the first agency in South Korea to win a Gold Cyber Lion at Cannes and has won Gold awards at other global festivals.

As at year ending December 2012, Post Visual had unaudited revenues of KRW 4.8 billion and gross assets of KRW 3.4 billion as at the same date. Founded in 2000, Post Visual employs more than 60 people.

UK, London & South Korea, Seoul

Related articles:

Posted in Marketing/Advertising, ~Asia, ~Europe. Tags: , . Leave a Comment »

Dods acquires public sector publishing titles from Sift Media

August 16, 2013 — Fusion DigiNet

Dods (Group) Plc, the UK provider of political and government information and communication services, has acquired public sector publishing titles from Sift Media. The terms of the deal were not disclosed.

The agreement is for Sift Media’s PublicTechnology.net, PublicTenders.net and BusinessCloud9.com titles and its associated events, UK Public Sector Digital Awards and Business Cloud Summit.

Keith Sadler, CEO of Dods (Group) Plc, said, “We at Dods are delighted by the acquisition of PublicTechnology.net, PublicTenders.net and BusinessCloud9.com from Sift Media Limited. We will add these sites into its existing portfolio of websites and make further investment to improve the user and client experience on these sites.”

UK, London

Related articles:

Posted in Content Media, Internet Media, Publishers, ~Europe. Tags: , , , . Leave a Comment »

WPP Digital acquires minority stake in Mutual Mobile in the United States

August 15, 2013 — Fusion DigiNet

wppWPP Digital, the digital investment arm of WPP, has acquired a minority interest in Mutual Mobile, Inc., a mobile product development agency. Mutual Mobile builds technology products for its clients that allow for better communication and transacting across any mobile devices and all operating systems, wherever the consumer may be.

Mutual Mobile’s unaudited revenue as of 31 December 2012 was US $25.7 million with total net assets of approximately US $4 million. Clients include Google, Pearson, Cisco and Xerox. Based in Austin, the company employs 320 people.

UK, London & USA, Austin, TX

Related articles:

Posted in Marketing/Advertising, ~Europe, ~North America. Leave a Comment »
« Older posts
Newer posts »