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SixSpeed expands capabilities with acquisition of KC Truth

Apr 18, 2024over 1 year ago

Acquiring Company

SixSpeed

Acquired Company

KC Truth

MinneapolisMinneapolisBrand MarketingMarketingAdvertising

Description

SixSpeed, an independent creative marketing agency, has announced the acquisition of KC Truth, a longstanding Minneapolis media and creative agency. This acquisition brings expanded integrated services, including robust media strategy and global placement capabilities, allowing SixSpeed to provide a new level of integrated media and creative services to current clients and prospective partners.

Company Information

Company

SixSpeed

Location

Minneapolis, Minnesota, United States

About

SixSpeed is an independent creative marketing agency in Minneapolis that specializes in making the world's most adventurous brands impossible to imitate. For over 15 years they have led award-winning global work for Fortune 500 brands across campaigns, content, and experiential workstreams. For more information, visit www.sixspeed.com

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