Reverse merger · Completed · STGW
Stagwell Media LP (Stagwell Marketing Group)
Reverse merger with MDC Partners Inc. (MDCA)
Stagwell Media LP (Stagwell Marketing Group) merged into MDC Partners Inc. (MDCA), a advertising and marketing services holding company, in a reverse merger that takes the private company public. The deal was announced on Dec 22, 2020 and closed on Aug 2, 2021. The combined company trades as Stagwell Inc. (STGW) on Nasdaq.
Stagwell Inc. is a marketing services holding company owning a portfolio of marketing services agencies, formed when MDC Partners combined with Stagwell Marketing Group. Stagwell's Mark Penn leads the combined company.
- Status
- Completed
- Private company
- Stagwell Media LP (Stagwell Marketing Group)
- Public company
- MDC Partners Inc. (MDCA)
- Public company business before
- advertising and marketing services holding company
- Announced
- Dec 22, 2020
- Closed
- Aug 2, 2021
- Combined company
- Stagwell Inc. (STGW)
- Exchange
- Nasdaq
- Sector
- Consumer
More on this deal for subscribers
- Ownership split between private and public holders
- Analyst notes from the filings
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Filings
- Announcement 8-K Dec 22, 2020
- Closing 8-K Aug 2, 2021
- Closing press release
- All filings on EDGAR CIK 876883
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