AKQA Not For Sale, Will Recapitalize With Private Equity Firm


There was speculation over the past month that AKQA was up for sale but the agency tells us that's not the case. They are, however, "recapitalizing" by selling off stake of the agency to private equity firm General Atlantic. The agency will retain its independent status and we are told speculation the agency would sell was exactly that: uninformed speculation.

by Steve Hall    Feb- 2-07   Click to Comment   
Topic: Agencies   

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They did sell, just not to an ad agency holding company.

Posted by: David Burn on February 4, 2007 2:41 PM