The holding company MDC Partners was already struggling before COVID-19 decimated the US economy. But a proposed merger by Stagwell Group, first reported by AdAge late Thursday, demonstrates how the pandemic likely accelerated the end of MDC’s run as an independent public company. The Stagwell Group is the first and only independent, digital-first, and fully-integrated organization of size & scale servicing brands across the continuum of marketing services. The Stagwell Group LLC is located in Washington, DC, United States and is part of the Public Relations Services Industry. Stagwell is putting digital first in all investments without being weighed down by legacy assets. The Stagwell Marketing Group is the first and only independent, digital-first, and fully-integrated organization of size & scale servicing brands across the continuum of marketing services. The Stagwell Group and ForwardPMX continued a conversation on this important topic with a second virtual roundtable in early December. Stagwell Group, which is preparing to merge with MDC Partners, has released its first public earnings report. The Stagwell Group is the first and only independent, digital-first, and fully-integrated organization of size & scale servicing brands across the continuum of marketing services. Both companies are overseen by Mark Penn, who founded Stagwell in 2015. The Stagwell Group LLC has 490 total employees across all of its locations and generates $121.31 million in sales (USD). Stagwell today is the largest independent data driven digital marketing services firm in the U.S., serving global brands across the continuum of marketing services. MDC Partners Chairman-CEO Mark Penn, currently managing partner of Stagwell Group, is set to continue on as the chief executive and chairman of the combined company. The Stagwell Group LLC (the “Stagwell Group”) is a registered investment advisory company formed by Mark Penn. Mark Penn — chairman and CEO of MDC Partners — joins Yahoo Finance Live to discuss MDC’s recent merger with Stagwell Group, as well as his insights on the current state of politics and big tech. There are 17 companies in the The Stagwell Group LLC corporate family. The Stagwell Group is the first and only independent, digital-first, and fully-integrated organization of size & scale servicing brands across the continuum of marketing services. The Stagwell Group is led by a group of agency and industry professionals, working to build an investment portfolio of marketing services companies. Led by a group of agency and industry professionals, Stagwell Marketing Group was born and bred in a digital first era. The Stagwell Group manages a private equity fund whose portfolio includes more than a dozen collaborative, digital-first agencies.
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