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Stagwell (Stgw) Acquires Wolfgang To Expand The Doner Partners Network; Colin Jeffery Appointed Chief Creative Officer Of Doner

Oct 05, 2022•about 3 years ago

Acquiring Company

Stagwell

Acquired Company

WOLFGANG

New YorkAdvertisingMarketing

Description

Today, full-service agency Doner, known for operating at the intersection of Modern & Main Street, marks its 85th anniversary by welcoming award-winning creative agency Wolfgang to the Doner Partners Network (DPN). As part of this acquisition by Stagwell (NASDAQ: STGW), the founding partners of Wolfgang will take on meaningful leadership roles within the DPN and enhance the network's West Coast presence. These moves come as the DPN accelerates momentum with new business wins and industry accolades, including Doner's recognition as an Ad Age A-List 2022 Standout Agency

Company Information

Company

Stagwell

Location

New York, New York, United States

About

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients.

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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