P.E. Pushes Marketing, Advertising M&A

Jul 7 2008 | 7:32am ET

Private equity activity helped drive a growing number of deals in the marketing, advertising and digital media industries, according to a new study.

The number of p.e. and venture capital firms completing at least three mergers and acquisitions transactions in the first half more than tripled compared to the same period last year, according to investment bank Petsky Prunier. According to the report, private equity firms continue to invest selectively in the area, led by Hellman & Friedman’s $2.4 billion deal to take Getty Images private.

All told, the number of M&A deals in marketing, advertising and digital media rose 21% during the first half, while transaction dollar volume fell 26%.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.