Stagwell (STGW)

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Stagwell (STGW) Expands Digital Communications Capabilities in MENA by Agreeing to Acquire Create. Group, the Middle East's Leading Independent Strategic Digital Communications Group
Prnewswire· 2024-12-30 11:00
Company Overview - Stagwell is a challenger holding company focused on transforming marketing by connecting creativity with technology to improve business results for clients [2] - Create Group is the Middle East's leading strategic digital communications group with 150+ team members across UAE, Saudi Arabia, and Egypt [6] - Code and Theory Network is a technology-first group within Stagwell with a unique balance of 50% creative and 50% engineers at scale [7][9] Acquisition Details - Stagwell announced the acquisition of Create Group, which will join its Code and Theory Network [8] - This is Stagwell's eleventh acquisition in 2024, following other strategic acquisitions globally [5] - The acquisition strengthens Stagwell's presence in MENA, complementing recent acquisitions of Consulum and LEADERS [9] Strategic Significance - Create Group brings 15 years of expertise in digital strategy, products, content, and innovation, serving high-profile clients like Abu Dhabi's Department of Culture & Tourism and Saudi Arabia's Public Investment Fund [4] - The integration into Code and Theory Network will expand Create Group's capabilities to deliver best-in-class results locally and globally [1][10] - Create Group's leadership team, including Tom Otton, will continue to lead the company within Stagwell's network [11] Industry Impact - Create Group has won Campaign's Middle East Digital Agency of the Year for three consecutive years (2022, 2023, 2024) and Adweek's Top 100 Fastest Growing Agencies in 2022 and 2023 [9] - The collaboration aims to drive global digital transformation for clients, leveraging shared digital-led visions and capabilities [3][8] - The combined network now boasts 2,000 team members worldwide, enhancing its ability to solve complex challenges in marketing and technology [11]
Stagwell (STGW) Furthers Global Expansion, Agrees to Acquire UNICEPTA, a Leading Provider of Media Intelligence
Prnewswire· 2024-12-17 12:00
UNICEPTA to join Stagwell Marketing Cloud's PRophet Comms Tech SuiteNEW YORK and COLOGNE, Germany, Dec. 17, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has entered into an agreement to acquire UNICEPTA, the leading global media monitoring and analytics platform. The company will join Stagwell Marketing Cloud's PRophet Comms Tech Suite of AI-powered offerings purpose-built for modern PR and marketing professionals. UNICEPTA will jo ...
Stagwell Marketing Cloud's The People Platform Appoints George Brady as CEO
Prnewswire· 2024-12-04 12:01
Former President and CRO of The People Platform will transition to CEO effective immediately NEW YORK, Dec. 4, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Marketing Cloud's The People Platform™, an enterprise software company that leverages mobile and location data to map and sequence consumer behavior patterns, today announced the appointment of George Brady as CEO. Prior to this appointment, Brady held the positions of President and Chief Revenue Officer at The People Platform. Stagwell Marketing Clo ...
Ray Day Assumes Role of Executive Chairman at Allison Worldwide; Co-Founders Scott Allison and Andy Hardie-Brown Stepping Down
Prnewswire· 2024-12-02 15:31
SAN FRANCISCO, Dec. 2, 2024 /PRNewswire/ -- Effective today, Ray Day becomes Allison Worldwide executive chairman while continuing his role as Stagwell vice chair. Allison Worldwide Chairman Scott Allison and Vice Chair Andy Hardie-Brown, co-founders of the award-winning global integrated marketing and communications agency, are stepping down from their roles and moving to an advisor capacity.Day has more than three decades of experience as a chief communications officer for leading communications teams, br ...
Stagwell (STGW) Announces December Investor Conference Schedule
Prnewswire· 2024-11-25 14:01
NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in several upcoming investor conferences throughout December 2024. December 3: Wells Fargo TMT Summit – Stagwell management will participate in a fireside chat at 3pm PT and 1x1 meetings throughout the day in Los Angeles. December 4: UBS Global Technology Conference – Stagwell management will host 1x1 meetings throughout the day in Phoenix. December 9: ...
Stagwell (STGW) Expands its Global Affiliate Network with the Additions of Blue Horse and DashDigital
Prnewswire· 2024-11-20 13:01
NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Blue Horse (Malaysia) and DashDigital (South Africa) to its Global Affiliate Network to further its full-service and specialty digital solutions for clients worldwide.Through its Global Affiliate Program, Stagwell provides global full-service capabilities ensuring clients receive best-in-class service and solutions tailored to their priority markets. Stagwell welcomes Blue Ho ...
Stagwell: Solid Growth Story Remains Intact
Seeking Alpha· 2024-11-19 17:16
I gave a buy rating to Stagwell (NASDAQ: STGW ) in August, with my key thesis being that the business should continue to grow at high single-digit levels given the various growth drivers. As I expected, STGW has shownI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies ...
Stagwell (STGW) Ventures into Expanded Partnership with VII(N) The Seventh Estate, Global Wine Brand from Carmelo Anthony and Asani Swann
Prnewswire· 2024-11-13 13:31
Co-Founders Anthony and Swann will collaborate with Stagwell across the challenger network's events ecosystemNEW YORK, Nov. 13, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced an expanded partnership with the global wine brand, VII(N) The Seventh Estate, co-founded by 10-time NBA All-Star and entrepreneur Carmelo Anthony and long-time business partner Asani Swann. This multi-pronged creative partnership builds upon the co-founders' existing relationship with Stagwell, which originated at Sport ...
Stagwell (STGW) - 2024 Q3 - Earnings Call Transcript
2024-11-09 15:39
Stagwell Inc (NASDAQ:STGW) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Ben Allanson - Investor Relations Mark Penn - Chairman & Chief Executive Officer Frank Lanuto - Chief Financial Officer Ben Allanson Good morning from Stagwell's global headquarters in 1 World Trade Center, New York. Welcome to Stagwell Inc.'s earnings webcast for the third quarter of 2024. My name is Ben Allanson, and I lead the Investor Relations function here at Stagwell. With me today are Mark Pen ...
Stagwell (STGW) - 2024 Q3 - Quarterly Report
2024-11-07 16:41
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.001 per share STGW NASDAQ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ ...