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Stagwell to acquire Consulum, a leading pan-MENA government advisory consultancy for MENA expansion

PUBLIC · STGWAug 06, 2024

Acquiring Company

Stagwell

Acquired Company

Consulum

New YorkCommerce and ShoppingAdvertisingMedia And EntertainmentArtificial IntelligenceMarketingConsulting

Description

Stagwell, the challenger network built to transform marketing, has entered into an agreement to acquire Consulum, furthering its MENA expansion. This acquisition establishes a robust foothold for Stagwell in the Middle East, enriched by Consulum's tested expertise in strategic communications, public policy, leadership support, and diplomatic outcomes.

Quick answer

Stagwell is acquiring Consulum, announced August 6, 2024. Stagwell is based in New York, New York, United States.

How much did Stagwell pay for Consulum?
The deal value was not disclosed.
What does Stagwell do?
Stagwell Inc. is a marketing and communications company headquartered in New York, NY, operating in the advertising and media industry.
Where are Stagwell and Consulum based?
Stagwell is based in New York, New York, United States.
Who are the decision-makers at Stagwell?
Fundz holds 4 contacts at Stagwell. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Stagwell

Location

One World Trade Center, Floor 65

New York, New York, United States

About

Stagwell Inc. is a marketing and communications company headquartered in New York, NY, operating in the advertising and media industry. The company specializes in providing data-driven, technology-enabled marketing services, and delivers innovative solutions through its various agencies. Its key offerings include brand strategy, digital marketing, media engagement, and creative services focused on enhancing client performance and ROI. Stagwell serves a diverse array of clients across multiple sectors, leveraging analytics and insights to drive successful marketing strategies. As a public company listed on NASDAQ under the symbol STGW, Stagwell is positioned to remain agile and responsive to the rapidly changing marketing landscape.

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Frequently asked

Who acquired Consulum?

Consulum was acquired by Stagwell, based in New York. The deal was reported on August 6, 2024. Stagwell Inc. is a marketing and communications company headquartered in New York, NY, operating in the advertising and media industry. Stagwell is publicly traded (STGW) and operates in Commerce and Shopping.

When did Stagwell acquire Consulum?

Stagwell's acquisition of Consulum was reported on August 6, 2024. Stagwell, the challenger network built to transform marketing, has entered into an agreement to acquire Consulum, furthering its MENA expansion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Consulum do?

It is privately held, operating in Consulting.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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