HWG Advises The Stagwell Group on $100 million Investment in MDC Partners, Inc.
HWG advised The Stagwell Group, a private equity firm that manages investments in new media and digital marketing services, in its $100 million investment in MDC Partners, Inc. through the purchase of $50 million in MDC Partners, Inc. common shares and $50 million non-voting convertible preference shares.
Since its founding in 2015, The Stagwell Group has made investments in digital marketing services and raised over $500 million to support its investment strategy. Its portfolio includes nearly 20 digital-first agencies and over 2,500 employees around the world.
MDC Partners, Inc. is a digital marketing and public relations agency recognized for its innovative approach and creative excellence by more than 1,700 clients worldwide.
The HWG team was led by Jonathan Mirsky and Kristine Devine (corporate) and Mark Davis, Walter Anderson, and Will Quinn (antitrust).