Deals

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

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).

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  1. [...] 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 [...]

  2. [...] 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 [...]