Mark Allen Group to acquire Centaur Media’s engineering portfolio for £2.5M

Mark Allen GroupThe Mark Allen Group, a specialist information provider and event organiser, has agreed to purchase Centaur Media Plc’s engineering portfolio, including The Engineer and Subcon for £2.5 million. The terms of the transaction were not disclosed.

This transaction follows MAG’s purchase of 12 publishing brands in the aviation, automotive and arena sectors from UKi Media & Events Limited last week.

The engineering portfolio includes the market’s leading website, magazine and events, and has deep industry relationships and a diversified client base. The Engineer is one of the UK’s longest-running business publications and is supplemented by Subcon, which is an event for subcontract manufacturing professionals.

The sale comes as Centaur continues the divestment of its smaller businesses following the conclusion of a strategic review last October and its decision to improve operational execution by focusing on its leading brands. The transaction is expected to complete on 31 May.

Ben Allen, Chief Executive of Mark Allen Group, said, “The acquisition of these premium brands is part of our strategy to target well-established products in markets where we believe there are exciting growth opportunities. These assets will further strengthen our existing manufacturing and engineering publishing and event portfolio, which includes titles such as New Electronics and Eureka, as well as the Engineering Design Show.”

UK, London

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Burson Cohn & Wolfe acquires Hirshorn-Zuckerman Design Group in the US

wppWPP’s wholly owned global operating company, Burson Cohn & Wolfe, has acquired Hirshorn-Zuckerman Design Group, Inc. (HZ), a branding, content and design agency, in the USA.

HZ’s revenues were almost US$23.5 million for the year ended December 31, 2017. Clients include Hilton Worldwide, Salesforce and Tishman Speyer’s Rockefeller Center. The agency employs nearly 200 people and is based in Rockville, MD, with offices in Baltimore, Los Angeles, New York City and Washington, DC. It was founded in 1987.

HZ’s offerings include a full spectrum of multichannel digital design and development, mobile activation, social media, brand and identity creation, content, film and video production, search marketing (SEO/SEM), data and analytics and integrated media solutions. Its client base spans the consumer, hospitality, food and beverage, education, B2B, real estate, sports and entertainment and technology industries.

BCW is part of WPP’s Public Relations & Public Affairs group.

UK, London & USA, Rockville, MD

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dmg events acquires Atticus events and hotel interior design series HI Design

dmg MEAAdmg events Middle East, Asia & Africa, a leading international events company, has acquired boutique business forum organiser Atticus Events’ HI Design portfolio. The terms of the transaction were not disclosed.

Focused specifically on the interior design of luxury hotels, HI Design organises specialist business meetings between key buyers from currently active hotel projects and a curated selection of International FF&E suppliers. With each edition held in a different five star hotel location, HI Design events are currently run annually in Europe, Asia and MEA.

Matt Denton, President of dmg events Middle East, Asia & Africa, said, “The HI Design portfolio dovetails perfectly with the work our teams do with INDEX and the growing selection of Hotel Shows. The acquisition of HI Design gives us another way to serve our market, bringing suppliers together with buyers from four and five-star hotel projects in a well-controlled atmosphere primed for doing good business.”

UAE, Dubai & UK, Hertfordshire

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

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

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VML to acquire majority stake in digital marketing agency, NATIVE, in South Africa

VML2WPP‘s wholly-owned global digital agency VML, part of the Young & Rubicam Group, is to acquire a majority stake in NATIVE, a  South African digital marketing agency, subject to regulatory approval. Following the transaction, the agency will become NATIVE VML. The terms of the deal were not disclosed.

NATIVE provides a full range of services including creative, design, technology execution, marketing analytics, digital media buying and social media management. The agency was formed in 2010 through a three way merger and employs 160 people in offices in Johannesburg and Cape Town. Clients include L’Oreal, Nedbank, Nestlé and Standard Bank.

NATIVE’s unaudited revenues for the year ended 28 February 2013 were approximately ZAR 80 million, with gross assets at the same date of approximately ZAR 39 million.

UK, London & South Africa, Johannesburg

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Hill + Knowlton Strategies acquires digital content creator Group SJR

sjr_infoWPP‘s wholly owned operating company, Hill + Knowlton Strategies has acquired SJR Group LLC. Group SJR develops and creates digital content enabling marketers to build brands and cultivate audiences. The terms of the deal were not disclosed.

Group SJR was founded in 2004 and is based in New York with an office in Los Angeles. Group SJR’s unaudited revenues for the year ended 31 May 2013 were $13.6 million. Clients include the Motion Picture Association of America, TED, GE, Xerox and Dell. The company employs 50 people.

UK, London & USA, New York, NY

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Adobe acquires creative social media platform Behance

adobeAdobe Systems Incorporated has acquired privately held Behance, an online social media platform that enables creatives to showcase and share their work.

According to TechCrunch, Adobe paid slightly more than $150 million in cash and stock, with certain growth goals to attain over multiple years.

“When we launched Creative Cloud earlier this year, we committed that we would give members new value on an ongoing basis.  Last week, we launched new training features, file synchronization and sharing capabilities, digital publishing services and significant updates to a number of our tools, including Photoshop,” said David Wadhwani, senior vice president and general manager, Adobe. “Behance will play a key role in Adobe’s efforts to serve the creative world in the years to come and will accelerate our efforts to enable a more open and collaborative creative behancecommunity.”

In the last 30 days, portfolios on Behance-powered sites have received over 90 million views and today there are over 3 million projects hosted on the Behance platform.

As well as providing a showcase for creative work across industries and disciplines, Behance also powers the portfolio display for thousands of other websites around the Web, including AdWeek, Rhode Island School of Design (RISD) and The Smithsonian National Design Awards. As Behance has grown, it has evolved into more than a destination that creatives use to forge connections. Behance has now become a place where creative professionals also find work and market their unique skills.

Adobe plans to integrate Behance’s community and portfolio capabilities with Adobe Creative Cloud, allowing members to seamlessly create content, seek feedback, showcase their work and distribute it across devices.

Further details

USA, San Jose, CA

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Advanstar Global acquires ENK International

Advanstar Global LLC, an events and information services company that also owns Advanstar Communications, has acquired ENK International LLC. ENK arranges fashion events that features Fashion Coterie, Intermezzo, and Accessory Circuit in New York, Las Vegas, Europe and Asia. ENK and Advanstar Communications will be operated separately.

The acquisition is a major addition to Advanstar Global’s global portfolio, which already contains MAGIC, PROJECT, FN Platform, Licensing International, other tradeshows, conferences, and events. Advanstar Global’s financial sponsors include Anchorage Capital Group LLC, Ares Management LLC, and Veronis Suhler Stevenson.

Advanstar Global’s CEO, Joe Loggia, stated, “Having ENK, MAGIC and PROJECT within the same family of companies provides the fashion industry a choice of intimate and customized environments that satisfy their market needs. This allows us to be more responsive to our customers as we work to coordinate dates and venues, which makes the process more valuable for exhibitors and retailers. Moreover, Advanstar Global has made significant investments in new technology that will enable our company to further drive value, service and solutions across the entire fashion marketplace.”

USA, Wilmington, DE