Aegis Buys U.S. Digital Agency Roundarch
Chicago-based agency merges with Isobar.
Chicago-based agency merges with Isobar.
Aegis Group has acquired Roundarch, a U.S. digital agency with 250 employees and offices in Chicago, Denver, New York, and Boston. Roundarch will be added to Aegis’s digital creative network, Isobar, and its roughly 200 employees. The combined entity will be burdened with the new name RoundarchIsobar.
Aegis has agreed to pay $125 million upfront for Roundarch, and will issue payouts linked to performance over five years. Aegis expects the total earn-out to be about $250 million, but that price could go as high as $360 million if RoundarchIsobar grows like gangbusters.
Roundarch’s two senior-most execs – Geoff Cubitt and Jeff Maling (pictured, above and below) – will jointly lead the new agency. Meanwhile Isobar North America President Darryl Gehly will stay in that role.
Roundarch has completed work in a variety of channels for such clients as Motorola and the U.S. Air Force. For Avis it built a new site with search personas based on the client’s most profitable customers. For HBO it created a multi-pronged experience spanning web, mobile, and social.
“A modern digital agency needs to be able to conceive new digital product ideas, design and build complex experiences and market these experiences to consumers. Through this combination of Roundarch and Isobar we are able to provide world-class capabilities in each of those areas,” said Gehly in a statement.
Aegis is on a roll so far in 2012. Last month its media agency division, Carat, won GM’s $3 billion consolidated media account.
More about:
Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...
View resourceThe Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...
View resourceMaking forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...
View resourceThis is a roundup of new hires and promotions in the digital marketing industry during January of 2015. Read More...
View articleData specialists from Vizeum, Havas, and DigitasLBi share their advice on how to segment and test big data in order to make better-informed marketing ...
View articleIsobar China preps for further growth; IPG Mediabrands creates new CEO role; and WPP's RedWorks hires new president. Read More...
View articleAgencies in the digital world have been busy promoting their execs to new roles or across markets in January, at least in Asia. Read More...
View articleGroupM launches MJoule, Next Digital acquires FutureLab, Aegis buys Upper Storey, and other agency news. Read More...
View articleAutomaker's contract spans search, social media, media planning and buying, as well as mobile. Read More...
View articleAegis restructures; OMD HK establishes head of digital; GroupM promotes Sara Ye; IAB's Singapore chapter names executive director. Read More...
View articleAustrian energy drink giant has hotly pursued digital ad trends. Read More...
View article
Leave a Reply
You must be logged in to post a comment.