Thursday, January 10, 2013

Triad Retail Media sold to Rockbridge Growth Equity


Founded in 2004, Tampa-based Triad Retail Media (www.triadretail.com) is the market leader in creating, managing, and operating digital retail media programs for highly-trafficked retail websites. Triad’s retail partners include Walmart, Sam’s Club, eBay, Toys“R”Us, CVS, and many other leading retailers. 

Triad has twice been named one of the fastest-growing private companies in the U.S. by Inc. Magazine. Triad employs more than 300 team members in more than six offices in the United States, including Tampa, Florida (headquarters); Orlando; Rogers, Arkansas; Chicago; New York; and San Jose.

Triad was previously owned by CEO/founder Greg Murtagh, president/COO Roger Berdusco, and an affiliate of H.I.G Growth Partners. Following the transaction, Murtagh and Berdusco will remain in their current positions as chief executive officer and chief operating officer of Triad, and will also continue to be equity partners with Rockbridge.  


http://www.prnewswire.com/news-releases/detroit-based-rockbridge-growth-equity-adds-triad-retail-media-to-growing-tech-portfolio-186307981.html

Menasha Acquires Rand Diversified

Menasha Packaging Company, Neenah, WI, has acquired Rand Diversified for an undisclosed amount. Both companies are privately held.

Menasha will use Rand to increase “geographic coverage with the addition of East Coast fulfillment and contract packaging,” Menasha president Mike Waite said in a statement.

The move brings the number of Menasha’s fulfillment operations to 16. The acquisition includes Rand’s Edwardsville, IL, and Tobyhanna, PA, locations; all of Rand's facilities will remain open. Rand is headquartered in Edison, NJ, where it also has a design office and fulfillment center.

“The Rand acquisition,” said Jim Kotek, chief executive officer of Menasha Corp., “broadens our market penetration and increases our offerings in the areas of contract packaging and fulfillment for over-the-counter pharmaceutical and consumer packaged goods companies.” Menasha Corp. is the parent of Menasha Packaging; its other businesses are ORBIS Corp. and LeveragePoint Media.
 

Match Marketing Group acquires Marketing Drive

Match, which is backed by a private equity firm, Beringer Capital, also based in Toronto, is acquiring Marketing Drive, a shopper marketing agency in Norwalk, Conn., with the Weld Media division of Marketing Drive, which has a digital focus.

Match is making the acquisition from the River North Group in Chicago; financial terms are not being disclosed.

The acquisition of Marketing Drive and Weld is the fifth deal in the last 12 months for Match; others included agencies like the Action Marketing Group and Ignite Activation. Like those, Marketing Drive and Weld will be absorbed into Match, which seeks to offer marketers a so-called end-to-end solution – that is, a complete, integrated suite of services in a one-stop-shopping way.

The formation of Match and the deals it is making “came out of talking to our friends, senior clients, C.E.O.s and C.M.O.s,” said Perry Miele, chairman of Match and Beringer, who beefed about how, “when it came to shopper marketing and consumer engagement, they had to deal with five or six agencies that handle analytics, strategy, experiential marketing, events and merchandising.”
According to Michael Harris, president at Marketing Drive, being part of “an end-to-end solution was very attractive to us.”

Mr. Harris will become president of what will be known, for the time being, as Match Marketing Drive. Brett Farren, president and chief executive at Match, said the name would probably later become Match Drive, echoing how the Action Marketing Group became Match Action.

Mr. Harris and Mr. Farren said that all the 160 employees of Marketing Drive and Weld would join Match. Marketing Drive and Weld also have offices in Boston, Chicago and Bentonville, Ark.

Clients of Marketing Drive include Absolut vodka, Dunkin’ Donuts, Exxon Mobil, Philips and Welch’s. Clients of Weld include CVS, Dannon and Mars. Mars is also a client of Match, along with, among others, Adidas, Ford Motor, Progressive, Samsung and Yum Brands.

http://mediadecoder.blogs.nytimes.com/2013/01/09/new-year-begins-with-flurry-of-ad-industry-deals/

Monday, January 7, 2013

Publicis Buys AR New York

Publicis has acquired a 100 percent stake in luxury advertising agency AR New York, the holding company announced today. Terms of the deal were not disclosed.

AR New York, founded in 1996, employs 50 staffers, and does most of its work for fashion and beauty brands. It is the lead agency for Banana Republic, and also counts Revlon, Brioni, and Jimmy Choo among its largest clients, according to AR CEO Dianne desRoches. Fifty percent of its work is print, 30 percent is in TV, and 20 percent is digital, she estimated. Founding partner Alex Gonzalez is also a consulting creative director for Marie Claire, and was previously creative director for W Magazine.
 

RYAN SEACREST has bought a controlling stake in the Civic Entertainment Group

The acquisition, to be announced on Wednesday, reflects Mr. Seacrest’s plan to build a diversified media company on the back of his many day jobs, which include hosting Fox’s “American Idol” and radio shows for Clear Channel. In a telephone interview, he said of the acquisition, “Part of my overall goal in the business is to connect content, brands and consumers. I think that this is a great opportunity to do that.”

It was conducted through Mr. Seacrest’s new personal investment arm, the Seacrest Global Group, not through an investment fund set up this year by the majority investors in Clear Channel, THL and Bain Capital. That fund, with up to $300 million in commitments, is seeking bigger investments than the one Mr. Seacrest made in Civic.
      
Mr. Seacrest called the deal the first “of what I hope to be many,” citing an interest in creating a very diversified portfolio.
 
Civic, which has 45 employees, has been behind prominent campaigns for clients like CNN, NBC, HBO, A&E, and the National Football League. It specializes in so-called experiential marketing, which is based on people going to places or events.
 

Sunday, January 6, 2013

Publicis acquires mobile agency Monterosa

Publicis Groupe announced the acquisition of global mobile agency Monterosa. Financial terms of the deal were not disclosed.
Stockholm-based Monterosa, which has offices in New York and Singapore, has 30 employees. Clients include Google, Mercedes Benz, Samsung, Vodafone and AT&T.
The mobile agency will be added to the network's Bartle Bogle Hegarty ad agency. Monterosa will keep its name and will continue to work with its own clients as well as agency partners throughout BBH and Publicis Groupe.

http://www.btobonline.com/article/20121219/AGENCIES01/312199998/publicis-acquires-mobile-agency-monterosa?utm_source=dailynewsletter&utm_medium=email&utm_content=editorial&utm_campaign=dailyclickthroughs

Oracle to acquire Eloqua

Oracle Corp. today agreed to buy Eloqua Inc., a provider of cloud-based marketing automation and revenue performance management software, for $23.50 per share, or approximately $871 million. The deal is expected to close in the first half of 2013.

Eloqua shares closed Wednesday at $17.92 on the Nasdaq.

The companies said the acquisition will allow marketers to provide a highly personalized and unified experience across channels, create brand loyalty and drive more qualified leads.

“Modern marketing practices are driving revenue growth and is a critical area of investment for companies today,” said Thomas Kurian, exec VP-Oracle development, in a press release. “Eloqua's leading marketing automation cloud will become the centerpiece of the Oracle Marketing Cloud and is an important addition to the Oracle Customer Experience offering, which includes the Oracle Sales Cloud, Oracle Commerce Cloud, Oracle Service Cloud, Oracle Content Cloud and Oracle Social Cloud.”

Eloqua clients include ADP Inc., Aon, Dow Jones & Co., Fidelity Investments, National Instruments and Polycom Inc. The company was founded in 1999 and went public in August.

http://www.btobonline.com/article/20121220/STRATEGY10/312209999/oracle-to-acquire-eloqua?utm_source=dailynewsletter&utm_medium=email&utm_content=editorial&utm_campaign=dailyclickthroughs