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Beth Sidhu
pr@stagwellglobal.com
202-423-4414

Global Affiliate Brand New Galaxy joins the challenger marketing group to accelerate connected commerce and digital transformation for global brands; will operate as part of Stagwell Media Network

New York, NY & Warsaw, PL – April 21, 2022 (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the acquisition of Brand New Galaxy (BNG), a leading provider of scaled commerce and marketplace solutions for 150+ global brands and 500+ e-retailers worldwide. With 600 experts across Europe, MENA, and the United States, BNG adds deep, digital-first specialization in connected commerce solutions, scaling Stagwell’s broad e-commerce capabilities to service more complex global clients. BNG has served as a partner of Stagwell via its Global Affiliate Program since 2021 and is the first acquisition Stagwell has made of one of its affiliates.

“We are pleased to welcome Brand New Galaxy to the Stagwell platform, expanding the reach of our global e-commerce offerings. Their state-of-the-art e-commerce and digital transformation technology is another reason clients are choosing Stagwell over traditional holding companies,” said Mark Penn, Chairman and CEO, Stagwell.

BNG will join the Stagwell Media Network, a global community of leading omnichannel agencies that collaborate to deliver future-facing solutions driven by digital, data, technology, and media expertise. In addition to complementing Stagwell’s data-led digital transformation capabilities, BNG offers a range of tailored solutions for accelerating end-to-end multimarket commerce, based on international insights that translate into local market opportunities.

“It is incredibly exciting to welcome Brand New Galaxy and their leadership teams to Stagwell Media Network,” said James Townsend, Global Chief Executive Officer of Stagwell Media Network and its global media agency, Assembly. “Their deep and extensive expertise in all things connected commerce sits in perfect complement to our growing portfolio of omnichannel media agencies. The addition of BNG is the natural and front-footed next step for our network to further empower the modern marketeer with more cohesive and integrated solutions across the marketing services spectrum.”

As part of Stagwell Media Network, Brand New Galaxy will continue to go to market under the BNG brand as well as collaborate with other members of the Stagwell Media Network.

Piotr Morkowski, CEO of Brand New Galaxy Holding said, “BNG was born as an ecommerce-native business and over the last five years of incredible growth, we have built a set of unique, world-class capabilities to support our global clients across the entire path to purchase. Building a global business of 600 experts in less than five years is no small achievement, but we are hungry to do much more. Joining forces with Stagwell Media Network at this stage in our journey as part of an integrated go-to-market approach is the best way for us to grow even faster and deliver on our ambitions.”

Stagwell Media Network is now home to more than 3,500 experts distributed globally across more than 20 countries and 40 offices, managing close to $5 billion in media. The Network offers omnichannel media, led by data and digital expertise that challenges the antiquated media models of legacy advertising giants. The BNG acquisition follows the January 2022  acquisition of Goodstuff Communications, one of the United Kingdom’s leading independent media agencies, supporting Stagwell’s scale and global footprint with local activation.

The terms of the deal were not disclosed.

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About Stagwell Inc.

Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

About Stagwell Media Network

Stagwell’s Media Network is a group of leading omnichannel agencies home to more than 3,500 experts with an expansive global footprint across 40+ offices in 20 countries, managing close to $5 billion in media. Agencies include AssemblyBrand New Galaxy, MMI Agency, Goodstuff and Grason, creative consultancy GALE, B2B specialist Multiview, multi-lingual content agency Locaria, and travel and media experts Ink. The network offers marketers a more dynamic partner for global B2B and B2C solutions spanning data, technology, media, and creativity aimed at accelerating business growth for brands worldwide.

About Brand New Galaxy

Brand New Galaxy is a fast-growing leading provider of marketing and technology solutions built to drive commerce and digital transformation for brands. Founded in Warsaw, Poland, in 2017, BNG has grown to 600+ employees with offices in Europe, North America, and the Middle East. BNG has been named “Debut of the Year 2018”, “Success of the Year 2019 & 2020,” and “Growth of the Year 2021” by PRESS magazine’s prestigious agency ranking, proving its position as a dynamic global agency. BNG’s data-driven approach makes brands better connected with consumers in complex marketing and technology ecosystems. This gives more than 150 brands and Fortune 500 clients a true strategic partner, both on a global and local level.

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Dyversity joins Doner Partners Network to meaningfully expand multicultural marketing services spanning advertising, research & analytics, shopper, content production, media, XM, Influencer and PR

TORONTO, April 1, 2022 – Stagwell (NASDAQ: STGW) today announced the acquisition of Dyversity Communications, a leading multicultural full-service marketing agency in depth, breadth, and size based in Canada.  Dyversity specializes in Chinese and South Asian communications, with additional expertise in over 20 other languages including Filipino, Korean, Portuguese, and Spanish.

The acquisition rapidly scales the Doner Partners Network’s multicultural capabilities across its Canadian assets – namely DonerNorth, Veritas, and Meat & Produce (M&P) – by adding best practices for existing clients and doubling down on more progressive ways to centralize multicultural insights and expertise as part of the offering. The Doner Partners Network (DPN) is one of four integrated networks within Stagwell that bridge complementary specialist marketing services for powerful collaborations across client work.

“I am so honoured to welcome Dyversity into our Network and learn from their expertise,” says Krista Webster, Vice-Chair of DPN and President & CEO of Veritas Communications and M&P.  “Dyversity’s team were pioneers in spearheading growth in the burgeoning ethnic markets in Canada, at a time when few considered it.  Now, they are the leader in one of the fastest growing segments in North America. As a challenger network with offices all over the world united by a mission to transform marketing, it only makes sense for Stagwell to bring Dyversity into the mix.”

Dyversity has a storied history in Canada with over two decades of award-winning work servicing all sectors from banking and telecommunications to consumer-packaged goods and real estate. With over 30 experts, Dyversity provides clients 360-degree marketing services, including strategy, creative, research & analytics, and traditional and digital media.

As part of the Doner Partners Network, Dyversity Founder Albert Yue, will continue leading the agency as CEO and focus on setting the pace for multicultural marketing in Canada with the added support of a best-in-class global network. 

“I am so proud of growing Dyversity into Canada’s largest and longest standing ethnic marketing agency, but that still accounts for a very modest number of Canadian brands’ total marketing spend,” says Yue.  “I knew when I met Krista and the Stagwell team that we could take this agency to an even more special place together. With their wind in our sails, this will be a game changer for cultural marketing overall.”

“As the Industry continues to demand more diversity in communications, it wasn’t going to be satisfactory to me to ‘lip service’ our promise to clients with temporary solutions,” added Webster.  “We needed a true change agent embedded in our network and Dyversity was the best fit in terms of caliber of clients and agency culture.”

In collaboration with other award-winning Stagwell agencies within Canada like DonerNorth and Veritas, Dyversity is well-positioned to drive multicultural marketing success as a key feature for the country’s leading blue-chip brands. Additionally, the agency will now benefit from Stagwell’s engineering and technology talent, numbering over 1200 worldwide, as well as original SaaS and DaaS products supporting marketing transformation within the Stagwell Marketing Cloud.

“We’re eager to welcome Dyversity to Stagwell as we continue to evolve our offering of transformational marketing services,” added Mark Penn, Chairman and CEO, Stagwell. “Dyversity sets a high bar for excellence in multicultural insights that aligns with our data-driven approach to shaping culture through the work we do for brands.”

Once Dyversity establishes itself within DPN Canada, Webster says the opportunity to scale expertise into the US through Doner and the Stagwell global network is on the horizon.   

About Doner Partners Network. Doner Partners Network is a mix of award-winning US, Canadian and UK based B2C and B2B marketing agencies within Stagwell that are the best-in-class in the cities they originate – from Toronto to LA, New York to London, Detroit to Minneapolis. Agencies include Doner, DonerNorth, Yamamoto, Veritas, Meat & Produce and KWT Global. 

About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing.  Led by entrepreneurs, our 10,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

For more information, please contact:

Brandon Dixon
347-636-5807
pr@stagwellglobal.com                              

Bora Caglayan              
647-920-2201
caglayan@veritasinc.com 

 

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