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Stagwell (Stgw) Acquires Brand New Galaxy To Transform Connected Commerce Solutions For Global Clients

PUBLIC · STGWApr 21, 2022

Acquiring Company

Stagwell

Acquired Company

Brand New Galaxy

New YorkCommerce and ShoppingAdvertisingMedia And EntertainmentArtificial IntelligenceMarketingSales And Marketing

Description

(NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the acquisition of Brand New Galaxy (BNG), a leading provider of scaled commerce and marketplace solutions for 150+ global brands and 500+ e-retailers worldwide. With 600 experts across Europe, MENA, and the United States, BNG adds deep, digital-first specialization in connected commerce solutions, scaling Stagwell's broad e-commerce capabilities to service more complex global clients. BNG has served as a partner of Stagwell via its Global Affiliate Program since 2021 and is the first acquisition Stagwell has made of one of its affiliates.

Quick answer

Stagwell is acquiring Brand New Galaxy, announced April 21, 2022. Stagwell is based in New York, New York, United States.

How much did Stagwell pay for Brand New Galaxy?
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 Brand New Galaxy 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.

Other recent acquisitions in Commerce and Shopping and Advertising

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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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 Brand New Galaxy?

Brand New Galaxy was acquired by Stagwell, based in New York. The deal was reported on April 21, 2022. 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 Brand New Galaxy?

Stagwell's acquisition of Brand New Galaxy was reported on April 21, 2022. (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the acquisition of Brand New Galaxy (BNG), a leading provider of scaled commerce and marketplace solutions for 150+ global brands and 500+ e-retailers worldwide. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Brand New Galaxy do?

Brand New Galaxy is a fast-growing leading provider of marketing and technology solutions built to drive commerce and digital transformation for brands. It is privately held, operating in Sales And Marketing.

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