Pickett Advertising is close to buying San Francisco shop Winkler Advertising. Winkler, one of the oldest tech-focused agencies in California, last year bought back the equity stake it sold in 1997 to Grey Advertising. With the purchase, Pickett, with about $40 million in billings, will pick up an estimated $30 million in accounts. Agnieszka Winkler, president-CEO of the agency, will work solely as CEO of her software company, which has developed Team Toolz, a software product facilitating communication between clients and agencies.
Copyright February 2001, Crain Communications Inc.