Adland’s holding groups went on a 2025 buying spree, with Omnicom forming the world’s largest agency via IPG, while Publicis and Havas scooped up APAC indies amid a martech and AI boom.
mergers and acquisitions
The 2025 Wrap: Top M&A deals
IPG sheds 3,200 jobs, vacates office space ahead of Omnicom merger
The holding company’s latest SEC filing shows 800 layoffs in Q3 2025 and over 700,000 sq ft of office space vacated as it races to streamline costs before completing its $13.5 billion merger with Omnicom.
Publicis Groupe to acquire SEA influencer agency Hepmil Media Group
Singapore-based Hepmil works with more than 450 brands through a network of over 3,000 creators.
Dentsu CEO responds to international sale speculation: ‘No decisions have been made’
'We aim to rebuild our international business on our own,' Hiroshi Igarashi says, although it is considering other options.
The Dentsu sale is natural selection; the dinosaurs of advertising are running out of time
Dentsu’s potential sale, WPP’s turmoil, Omnicom and IPG’s merger chase all point to the fact that the giants of advertising are stumbling. As TrinityP3's Darren Woolley argues, this is natural selection at work: adapt or go extinct.
Buckle up for the ride as agency world will look significantly different in two years
A change of CEO at WPP and a potential sale of Dentsu’s international business are just two signs that major change is coming to the global agency sector.
MSQ Partners approaches S4 Capital about possible deal
The "combination" could bring together S4 Capital with the owner of The Gate and Walk-In Media.
M&A market 'returns to growth' after difficult couple of years, new data shows
The rise has been fuelled by significant investment by private equity and sellers returning to the market.
Accenture to acquire Japanese digital firm Yumemi
The deal will bring Yumemi’s 400-strong team into Accenture Song.
APAC M&A defies global dip, surging over 10% in 2024
Despite an active second half, global M&A volume fell 2% in 2024. However, APAC companies are bucking the trend, reporting a 10% surge and actively acquiring.
Omnicom and IPG shareholders approve takeover in key ‘milestone’
US-based Omnicom still requires consent of regulators in 17 markets to acquire IPG.
China M&A: VC surge in DeepSeek, AI creates opportunities amid overall dip
M&A in China's capital market are projected to rebound this year from a 10-year low.
How indies are closing the gap between holding companies
In a true David vs. Goliath battle, nimble independent agencies are defying the "bigger is better" narrative, winning top clients and industry awards with smart investments, speed, and agility.
Omnicom and IPG chiefs visit UK to sell merger to staff and pitch consultants
The two groups will continue to operate independently and compete in pitches for the time being, as the M&A deal could take a year to complete.
Stagwell to acquire ADK Global
The move marks Stagwell's first acquisition in Asia-Pacific and 12th globally since 2024, onboarding a host of new capabilities including integrated marketing and media expertise worldwide.
Omnicom agrees to buy Interpublic in deal to create world’s biggest agency group
Agencies hail their “complementary” assets and cultures.
Omnicom’s Interpublic ambition: A deal that could redraw advertising’s power map
"This is more about cost synergies than revenue growth," argues Campaign columnist Ian Whittaker. As Omnicom targets Interpublic, is this deal a revolution or a recalibration?
‘It’s going to be unbeatable’: WPP’s Mark Read discusses BCW-H&K merger
EXCLUSIVE: Mark Read details the thinking behind the move, including what role AI may have played.
Dept acquires Raybeam, expands US data chops
The European digital agency has been on a growth tear in the US, which now accounts for nearly half its business.
AKQA acquires BrewDog branding agency Made Thought to boost design offer
WPP agency has created a new design group to house Made Thought and two other design agencies it has majority stakes in.
Publicis Groupe holds sale talks with private equity investor
Discussions have taken place in recent months.
AKQA-Grey merger will not happen ‘overnight’ in APAC
It might take up to six months to name a leader in the region, says AKQA CEO Ajaz Ahmed.
Why Spotify’s Megaphone acquisition will scale targeted podcast ads
The streaming audio giant dropped US$235 million on the podcast advertising and hosting platform.
WPP merges AKQA and Grey to form AKQA Group
Grey agency brand is to be dropped after 103 years as part of merger to create brand experience agency that combines digital and creative.
Rubicon Project and Telaria merger to create 'world’s largest independent SSP'
The combined company will aim to create a "powerful, strategic alternative to the walled gardens".
The top M&A deals of 2019
2019 saw some of the industry's biggest ever deals.
M&A deals come full circle
The tide is turning from outside investors coming in, to inside investors looking out.
New entrants shake up agency M&A market; ad groups 'distracted' by restructuring
Big groups such as Dentsu and WPP bought fewer agencies in 2017, while consulting giant Accenture led the way as a new entrant.
Aegis Media forms JV in China, expands Vizeum brand
SHANGHAI - Mainland television-advertising agency Charm Communications will operate as Vizeum China after reportedly agreeing to sell 17.7 per cent of its business to Aegis Media.
Aegis Media China appoints D Sriram as chief operating officer
SHANGHAI - D Sriram, former Asia-Pacific CEO at Starcom MediaVest Group, has been appointed chief operating officer role for Aegis Media China.