General Atlantic to buy stake in AKQA, an interactive marketing co., for about $200M?

MobileBeat 2013
July 9-10, 2013
San Francisco, CA
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General Atlantic, a private equity firm, has agreed to acquire a majority stake in AKQA, a San Francisco interactive marketing company, from Francisco Partners.

News reports have quoted an asking price of between $200 and $250 million, though details were not released.

More here at the WSJ (sub required).

  • http://businessrover.com/blog/2012/06/20/wpp-to-acquire-digital-agency-akqa/ WPP To Acquire Digital Agency AKQA

    [...] courted by both WPP and Dentsu. In 2007, Connecticut-based private equity concern General Atlantic took a majority stake in the S.F.-based agency. CEO Ajaz Ahmed, who founded AKQA in his early 20s, and chairman Tom [...]

  • http://www.robertsalatino.com/2012/06/20/wpp-to-acquire-akqa/ WPP to Acquire AKQA | Robert Salatino Design, Branding, Advertsing and Marketing

    [...] courted by both WPP and Dentsu. In 2007, Connecticut-based private equity concern General Atlantic took a majority stake in the San Frankcisco-based agency. CEO Ajaz Ahmed, who founded AKQA in his early 20s, and chairman [...]

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