U.K.-based marketing group MSQ has acquired SPCSHP, the creative agency formerly known as Big Spaceship, as it seeks to strengthen its stateside presence.
The deal more than doubles MSQ’s headcount in the U.S. and will boost its annual revenue in North America to $100 million, according to the company. Terms were not disclosed. (MSQ’s annual revenue in North America before the deal was approximately $50 million.)
SPCSHP, which was founded in 2000 and changed its name in January, has 140 employees and works with clients such as Starbucks, Dairy Queen and PepsiCo. SPCSHP reported 2023 revenue of $40 million, according to its Ad Age Small Agency Awards entry.