×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

AKQA sells majority stake to private equity group

Published on .

Most Popular
San Francisco—Digital marketing agency AKQA has sold a majority stake in the agency to General Atlantic, a private equity firm. Financial terms were undisclosed, although the asking price was said to have been between $200 million and $250 million. Last fall, AKQA hired investment bank Morgan Stanley to help it evaluate financing options. Under the deal, AKQA will remain independent. The agency’s clients include Coca-Cola Co., Microsoft Corp. and Nike Inc. —Kate Maddox
In this article: