Published • loading... • Updated
Avenir Global Acquires Marker Collective
The deal adds 650 employees and expands Avenir’s tech-focused agency network, while Delve will serve as a shared platform across its brands.
- Montreal-based Avenir Global has acquired three technology-focused agencies with 650 employees from British consultant Next 15 Group PLC for roughly $160 million, vaulting the firm into the world's 15 largest communications platforms.
- The purchased division, Marker Collective, operates 20 offices across Europe, Asia, and the U.S. while managing approximately 450 clients, including Google parent Alphabet Inc.
- Avenir Global CEO Jean-Pierre Vasseur said the agencies "fit our culture and expand our expertise in tech," with integration of the new teams as the company's short-term focus over the next year.
- "Today's announcement is a strong vote of confidence," said Helena Maus, CEO of Marker Collective, in a press release on Thursday.
- This transaction advances Avenir's growth strategy to build sector-specific companies as the firm consolidates the historically fragmented communications industry, backed by the Caisse.
Insights by Ground AI
13 Articles
13 Articles
Canada’s Avenir Snaps Up Communications Firms That Serve Nvidia, Meta
Canadian holding company Avenir Global struck a deal to acquire communications and marketing firms owned by London’s Next 15 Group Plc, expanding its client list to reach more technology companies.
·New York, United States
Read Full Article
The Montreal public relations firm National carries out the largest transaction in its history by acquiring a subsidiary of the British company Next 15, whose shares are listed on the London Stock Exchange.
·Montreal, Canada
Read Full Article
The Globe & MailReposted by 
BizToc
BizTocMontreal-based Avenir Global is acquiring three tech-focused PR agencies
The acquisition from British consultant Next 15 Group, valued at roughly $160-million, will propel Avenir into the ranks of the world’s largest communications platforms
·Toronto, Canada
Read Full Article
Coverage Details
Total News Sources13
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
To view factuality data please Upgrade to Premium
