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24 Seven acquires Filter from dentsu to expand its innovative managed services

Apr 10, 2024•over 1 year ago

Acquiring Company

24 Seven

Acquired Company

Filter

New YorkSeattleHuman ResourcesCreative Agency

Description

24 Seven, one of the nation's largest privately held marketing, creative, and tech talent solutions firms, has announced the acquisition of Seattle-based Filter, a dentsu company. This acquisition will enable 24 Seven to expand its innovative managed services, providing embedded teams, on-site agencies, consulting, and fully outsourced solutions to clients, enhancing its scale and capabilities.

Company Information

Company

24 Seven

Location

New York, New York, United States

About

24 Seven partners with companies to get marketing, creative, and digital work done by providing the right talent, innovation, and insights. Alongside traditional staffing solutions for contract and direct hire positions, 24 Seven offers a robust suite of expanded global services, including AI consulting, embedded teams, a creative agency for outsourced projects, executive recruitment, a community for top marketing leaders, and retail and experiential activation support. We combine our deep recruitment knowledge with proprietary AI-powered tools to ensure precision matching between talent and clients. Through this strategic approach, 24 Seven delivers high-impact, efficient, and customized talent solutions for your ongoing business needs.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed