sectorwatch: digital agency€¦ · conjunction with a verbal presentation, and is not authorized...
TRANSCRIPT
Sectorwatch:Digital AgencyApril 2018
2
Digital AgencyApril 2018
Sector Dashboard [4]
Public Basket Performance [5]
Operational Metrics [7]
Valuation Comparison [10]
Recent Deals [13]
Appendix [14]
7 Mile Advisors appreciates the opportunity to present this confidential information to the Company. This document is meant to be delivered only inconjunction with a verbal presentation, and is not authorized for distribution. Please see the Confidentiality Notice & Disclaimer at the end of the document. Alldata cited in this document was believed to be accurate at the time of authorship and came from publicly available sources. Neither 7 Mile Advisors nor 7MSecurities make warranties or representations as to the accuracy or completeness of third-party data contained herein. This document should be treated asconfidential and for the use of the intended recipient only. Please notify 7 Mile Advisors if it was distributed in error.
3
Overview
7MA provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. We advise on M&A and private capital transactions, and provide market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, we help our clients sell their companies, raise capital, grow through acquisitions, and evaluate new markets. We publish our sectorwatch, a review of M&A and operational trends in the industries we focus.
Dashboard• Summary metrics on the sector
• Commentary on market momentum by
comparing the most recent 12-month
performance against the last 3-year
averages.
Public Basket Performance• Summary valuation and operating metrics for
a basket of comparable public companies
Valuation Comparison• Graphical, detailed comparison of valuation
multiples for the public basket
Recent Deals• The most recently announced deals in the
sector
4
Dashboard
Operating Metrics
Valuation
Revenue Growth Momentum
-0.01 1 - year revenue growth compared to revenue growth
average for last 3 years
Pricing / Gross Margin Momentum
-2.6% 1 - year gross profit % compared to gross profit %
average for last 3 years
Profitability Momentum
-1.4% 1 - year EBITDA % compared to EBITDA % average for
last 3 years
Current revenue growth rate is less than the average of the last 3 years,
indicating that the market may be flattening or declining
Current gross profit margin is less than the average of the last 3 years gross
profit margins, indicating customer pricing power
Current EBITDA margin is less than the average of the last 3 years EBITDA
margins, which may signal further consolidation
6.0%
15.5%
32.7%
0% 7% 14% 21% 28% 35%
Median LTM Rev. Growth %
Median LTM EBITDA Margin %
Median LTM GP Margin %
1.5x
8.9x
10.7x
16.9x
0x 3x 6x 9x 12x 15x 18x
Median TEV / LTM Revenue
Median TEV / LTM EBITDA
Median TEV / LTM EBIT
Median Price / LTM Earnings
5
Public Basket
Company TEV $mLTM Rev
$m
Rev Growth
YoY GP %EBITDA
%TEV / Rev X
TEV / EBITDA
X # FTEsRev / FTE $k
Hakuhodo DY Holdings Inc 4,202 11,686 6% 20% 5% 0.3 8.0 15,738 743
Ströer SE & Co. KGaA 4,767 1,598 18% 33% 19% 2.9 15.2 7,536 212
CyberAgent, Inc. 6,029 3,398 18% 33% 11% 1.7 16.8 4,416 769
JCDecaux SA 8,186 3,650 2% 33% 17% 2.2 10.9 11,772 310
The Interpublic Group of Companies, Inc. 10,191 7,882 0% 36% 14% 1.3 9.0 50,200 157
Dentsu Inc. 15,320 8,246 11% 94% 20% 1.8 9.0 60,064 137
Publicis Groupe S.A. 17,147 11,635 0% 40% 18% 1.4 7.9 80,000 145
Omnicom Group Inc. 19,813 15,316 -1% 18% 15% 1.3 8.4 77,300 198
WPP plc 26,662 20,633 6% 21% 15% 1.3 7.7 134,413 154
Average 12,480 9,338 7% 36% 15% 1.6 10.3 49,049 314
Median 10,191 8,246 6% 33% 15% 1.4 9.0 50,200 198
share price as of 24Apr18
6
Public Basket Valuation Trends
Public EBITDA Multiples over Time
Public Revenue Multiples over Time
9.7x
1.6x
0x
2x
4x
6x
8x
10x
12x
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Ap
r-1
8
TEV/EBITDA - Median TEV/Revenue - Median
TEV/EBITDA - Average TEV/Revenue - Average
0x
1x
1x
2x
2x
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Ap
r-1
8
TEV/Revenue - Median TEV/Revenue - Average
0x2x4x6x8x
10x12x
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Ap
r-1
8
TEV/EBITDA - Median TEV/EBITDA - Average
7
Operational Metrics
LTM Gross Profit Margin % LTM EBITDA %
- 5% 10% 15% 20% 25%
Median
Hakuhodo DY HoldingsInc
CyberAgent, Inc.
The Interpublic Group ofCompanies, Inc.
Omnicom Group Inc.
WPP plc
JCDecaux SA
Publicis Groupe S.A.
Ströer SE & Co. KGaA
Dentsu Inc.
- 20% 40% 60% 80% 100%
Median
Omnicom Group Inc.
Hakuhodo DY Holdings Inc
WPP plc
JCDecaux SA
CyberAgent, Inc.
Ströer SE & Co. KGaA
The Interpublic Group ofCompanies, Inc.
Publicis Groupe S.A.
Dentsu Inc.
8
Operational Metrics
LTM Revenue Growth %LTM Revenue per
Full Time Employee x 000’s
(10%) - 10% 20% 30%
Median
Omnicom Group Inc.
Publicis Groupe S.A.
The Interpublic Group ofCompanies, Inc.
JCDecaux SA
Hakuhodo DY Holdings Inc
WPP plc
Dentsu Inc.
CyberAgent, Inc.
Ströer SE & Co. KGaA
$- $300 $600 $900
Median
Dentsu Inc.
Publicis Groupe S.A.
WPP plc
The Interpublic Group ofCompanies, Inc.
Omnicom Group Inc.
Ströer SE & Co. KGaA
JCDecaux SA
Hakuhodo DY Holdings Inc
CyberAgent, Inc.
9
Operational Metrics
Accounts Receivable TurnoverAverage Days
Sales Outstanding
0 2 4 6 8 10
Median
Dentsu Inc.
Publicis Groupe S.A.
The Interpublic Group ofCompanies, Inc.
WPP plc
Omnicom Group Inc.
JCDecaux SA
Hakuhodo DY HoldingsInc
CyberAgent, Inc.
Ströer SE & Co. KGaA
- 200 400 600
Median
Ströer SE & Co. KGaA
CyberAgent, Inc.
Hakuhodo DY HoldingsInc
JCDecaux SA
Omnicom Group Inc.
WPP plc
The Interpublic Group ofCompanies, Inc.
Publicis Groupe S.A.
Dentsu Inc.
10
Valuation
TEV / LTM Revenue TEV / LTM EBITDA
0x 1x 2x 3x 4x
Median
Hakuhodo DY HoldingsInc
WPP plc
The Interpublic Group ofCompanies, Inc.
Omnicom Group Inc.
Publicis Groupe S.A.
CyberAgent, Inc.
Dentsu Inc.
JCDecaux SA
Ströer SE & Co. KGaA
0x 5x 10x 15x 20x
Median
WPP plc
Publicis Groupe S.A.
Hakuhodo DY HoldingsInc
Omnicom Group Inc.
The Interpublic Group ofCompanies, Inc.
Dentsu Inc.
JCDecaux SA
Ströer SE & Co. KGaA
CyberAgent, Inc.
11
Valuation
TEV / LTM EBIT Price / LTM Earnings
0x 10x 20x 30x 40x
Median
Publicis Groupe S.A.
Hakuhodo DY HoldingsInc
WPP plc
Omnicom Group Inc.
The Interpublic Group ofCompanies, Inc.
Dentsu Inc.
JCDecaux SA
CyberAgent, Inc.
Ströer SE & Co. KGaA
0x 60x 120x 180x
Median
WPP plc
Dentsu Inc.
Omnicom Group Inc.
Publicis Groupe S.A.
The Interpublic Group ofCompanies, Inc.
Hakuhodo DY HoldingsInc
JCDecaux SA
Ströer SE & Co. KGaA
CyberAgent, Inc.
12
Valuation
Historical Valuation Multiples versus Gross Profit
Historical Valuation Multiples versus Revenue Growth Rate
8x 8x 8x 8x 9x 9x 11x 15x 17x
20.8%
39.6%
20.3% 18.2%
35.7%
94.5%
32.6% 32.9% 32.7%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0x
2x
4x
6x
8x
10x
12x
14x
16x
18x
LTM
GP
%
EBIT
DA
(x)
EBITDA(x) LTM GP%
8x 8x 8x 8x 9x 9x 11x 15x 17x
6.1%
(0.4%)
6.0%
(1.2%)0.5%
10.8%
2.2%
18.5% 18.4%
-5%
0%
5%
10%
15%
20%
0x
2x
4x
6x
8x
10x
12x
14x
16x
18x
LTM
RG
R%
EBIT
DA
(x)
EBITDA(x) LTM RGR%
13
Recent TransactionsDate Target Buyer / Investor
Total Transaction
Value Target
Revenue TEV /
Revenue TEV /
EBITDA
29Mar18 Meredith Xcelerated Marketing Accenture plc - - - -
15Mar18 Continuum LLC EPAM Systems, Inc. - - - -
5Mar18 Fluid Inc. Astound Commerce Corporation - - - -
24Jan18 Harte Hanks, Inc. Wipro LLC 9.93 383.91 - -
3Jan18 HelloWorld, Inc. (nka:HelloWorld, A Merkle Company)
Merkle Inc. - 53.00 - -
18Dec17 ARBA Holdings Ltd. Ogilvy & Mather Inc. - 2.21 - -
14Dec17 Rothco Limited Accenture plc - - - -
11Dec17 Diamond Marketing Solutions Group, Inc. Output Services Group, Inc. - - - -
22Nov17 Oxyma Group B.V. Merkle Inc. - 35.25 - -
26Oct17 Zone Ltd Cognizant Technology Solutions Corporation - - - -
24Oct17 Netcentric AG Cognizant Technology Solutions Corporation - - - -
4Oct17 Vivant Digital Pty Ltd IBM Interactive Experience - - - -
29Sep17 Telepathy ServiceNow, Inc. - - - -
20Sep17 Pierry, Inc. Wunderman Limited - 14.50 - -
6Sep17 Cogint, Inc. (nka:Fluent, Inc.) BlueFocus International Marketing Portfolio - 210.16 - -
7Sep17 TandemSeven, Inc. Genpact Limited - - - -
7Sep17 Delphic, a Hero Digital Company, LLC HERO Digital LLC - - - -
29Aug17 DIS/PLAY A/S AKQA Inc. - 16.98 - -
22Aug17 Summa Technologies, Inc. CGI Group Inc. - - - -
9Aug17 Wire Stone, LLC Accenture plc - - - -
3Aug17 Brilliant Basics Ltd. Infosys Limited 9.74 - - -
31Jul17 Search Technologies Corp. Accenture plc - - - -
27Jul17 Sokrati Technologies Pvt Ltd (nka:Merkle Sokrati)
Dentsu Aegis Network Ltd. - 3.51 - -
20Jul17 TigerSpike Pty. Ltd. Concentrix Corporation - - - -
12Jul17 Clearhead Group LLC Accenture plc - - - -
6Jul17 TNG, Inc. Point B, Inc. - - - -
28Jun17 Intrepid Pursuits, LLC Accenture plc - - - -
1Jun17 PointSource, LLC Globant S.A. 28.00 - - -
15May17 ICiDigital, Inc. Beringer Capital - - - -
15May17 Media Hive Accenture plc - - - -
7May17 The Monkeys Pty Limited Accenture plc - - - -
27Apr17 Zeta Interactive Corp. GSO Capital Partners LP; FS Investments; GPI Capital Limited 140.00 300.00 - -
10Apr17 Campbell, Harrington & Brear, Inc. JPL Integrated Communications, Inc. - - - -
3Apr17 Blue Acorn, LLC Beringer Capital; Beringer Capital Fund III L.P. - - - -
23Mar17 ITELIOS SAS Cap Gemini S.A. (nka:Capgemini SE) - - - -
1Mar17 Brilliantservice Co.,Ltd. Cognizant Technology Solutions Corporation - - - -
28Feb17 Ratio Globant S.A. 10.80 - - -
14
Digital AgencyApril 2018
APPENDIX:
Public Basket
Constituents
7 Mile Advisors appreciates the opportunity to present this confidential information to the Company. This document is meant to be delivered only inconjunction with a verbal presentation, and is not authorized for distribution. Please see the Confidentiality Notice & Disclaimer at the end of the document. Alldata cited in this document was believed to be accurate at the time of authorship and came from publicly available sources. Neither 7 Mile Advisors nor 7MSecurities make warranties or representations as to the accuracy or completeness of third-party data contained herein. This document should be treated asconfidential and for the use of the intended recipient only. Please notify 7 Mile Advisors if it was distributed in error.
15
Public Basket
Hakuhodo DY Holdings Inc
Hakuhodo DY Holdings Inc., through its subsidiaries, engages in
the provision of marketing and communications services to
advertisers, media companies, and content holders in Japan and
internationally. It offers planning, production, marketing, public
relations, and other services related to the presentation of
advertising in various media, such as newspapers, magazines,
radio, television, and digital media. The company also provides
brand development, brand building, sales promotion, and
customer management services, as well as plans animation
programs and live events. In addition, it is involved in planning,
production, buying, and media traffic in media and contents
businesses, as well as acts as liaison for the advertising
companies. Hakuhodo DY Holdings Inc. was founded in 2003
and is headquartered in Tokyo, Japan.
Date Key Development Headline4/4/18 Hakuhodo DY Holdings Inc (TSE:2433) acquired IdeasXMachina
Advertising, Inc.
0x
3x
6x
9x
12x
15x
EBITDA Multiples - Hakuhodo DY Holdings
Inc
TEV/EBITDA Average
0x
5x
10x
15x
20x
25x
30x
P/E Multiples - Hakuhodo DY Holdings Inc
P/E Average
16
Public Basket
Ströer SE & Co. KGaA
Ströer SE & Co. KGaA provides out-of-home and online
advertising services to private and corporate customers in
Germany, Turkey, and internationally. The company operates
through three segments: Ströer Digital, Out-of-Home Germany,
and Out-of-Home International. Its out-of-home advertising
solutions covers various forms of outdoor advertising media,
such as traditional posters; advertisements at bus and tram stop
shelters, and on public transport; and digital and interactive
solutions. The company markets approximately 300,000 outdoor
advertising spaces. It also offers digital advertising on the
Internet and on mobile devices, as well as in public spaces as a
public video network. The company operates approximately
1,000 Websites. The company was formerly known as Ströer SE.
Ströer SE & Co. KGaA is headquartered in Cologne, Germany.
Date Key Development Headline1/28/18 Ströer SE & Co. KGaA (DB:SAX) entered into purchase
agreement to acquire D+S communication center management
GmbH from CMP German Opportunity Fund II (SCA) SICAR,
managed by CMP Capital Management-Partners GmbH.
12/28/17 Zur Rose Group AG (SWX:ROSE) completed the acquisition of
Vitalsana B.V. from Ströer SE & Co. KGaA (DB:SAX).
12/11/17 Ströer SE & Co. KGaA (DB:SAX) completed the acquisition of a
majority stake in UAM Media Group GmbH.
0x
1x
2x
3x
4x
5x
6x
Revenue Multiples - Ströer SE & Co. KGaA
TEV/Revenue Average
0x
6x
12x
18x
24x
30xEBITDA Multiples - Ströer SE & Co. KGaA
TEV/EBITDA Average
0x
70x
140x
210x
280x
350xP/E Multiples - Ströer SE & Co. KGaA
P/E Average
17
Public Basket
CyberAgent, Inc.
CyberAgent, Inc. engages in the media, Internet advertising,
game, and investment training businesses primarily in Japan.
The company offers a range of services, such as Internet TV
station, blog, love life, and music distribution; Internet advertising
agency and ad tech services; and smartphone games. It also
operates a programming school for kids; and provides
application and reward points exchange platform services. In
addition, the company offers services in the areas related to
Internet. CyberAgent, Inc. was founded in 1998 and is
headquartered in Tokyo, Japan.
Date Key Development Headline3/29/18 CyberAgent, Inc. (TSE:4751) signed a contract to acquire
AVATTA, Inc.
9/21/17 CyberAgent, Inc. (TSE:4751) acquired DDT Pro Wrestling Co.,
Ltd.
0.0x
0.5x
1.0x
1.5x
2.0x
2.5xRevenue Multiples - CyberAgent, Inc.
TEV/Revenue Average
0x
4x
8x
12x
16x
20xEBITDA Multiples - CyberAgent, Inc.
TEV/EBITDA Average
0x
30x
60x
90x
120x
150x
180xP/E Multiples - CyberAgent, Inc.
P/E Average
18
Public Basket
JCDecaux SA
JCDecaux SA, together with its subsidiaries, engages in outdoor
advertising activities worldwide. The company operates in three
segments: Street Furniture, Transport, and Billboard. The Street
Furniture segment is involved in advertising in shopping malls;
renting street furniture; selling and renting equipment; and the
provision of cleaning, maintenance, and other services. This
segment provides bus shelters, freestanding information panels,
automated public toilets, advertising panels, multi-service
columns, self-service bicycle schemes, kiosks for flowers or
newspapers, public rubbish bins, benches, public information or
city light panels, streetlights, static/dynamic street signage,
recycling bins for glass/batteries/paper, electronic message
boards, and interactive terminals. The Transport segment
provides advertising services in public transport systems, such
as airports, subways, buses, tramways, and trains. JCDecaux
SA is a subsidiary of JCDecaux Holding SA.
Date Key Development Headline3/8/18 JCDecaux SA (ENXTPA:DEC) Mulls Acquisitions
6/27/17 América Móvil, S.A.B. de C.V. Enters into Joint Venture with
JCDecaux SA
6/26/17 JCD Out Of Home Mexico, S.A. de C.V. agreed to acquire
Eumex, S.A. de C.V. from JCDecaux SA (ENXTPA:DEC) and
others.
0x
1x
2x
3x
4x
5xRevenue Multiples - JCDecaux SA
TEV/Revenue Average
0x
5x
10x
15x
20xEBITDA Multiples - JCDecaux SA
TEV/EBITDA Average
0x
30x
60x
90x
120x P/E Multiples - JCDecaux SA
P/E Average
19
Public Basket
The Interpublic Group of Companies, Inc.
The Interpublic Group of Companies, Inc. provides advertising
and marketing services worldwide. The company operates
through two segments, Integrated Agency Networks and
Constituency Management Group. It offers consumer
advertising, digital marketing, communications planning and
media buying, public relations, and specialized communications
disciplines. The company also provides various diversified
services, including public relations, meeting and event
production, sports and entertainment marketing, corporate and
brand identity, and strategic marketing consulting. It offers its
services under various brands comprising McCann, MullenLowe,
IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and
The Martin Agency, as well as Foote, Cone & Belding. The
company was formerly known as McCann-Erickson Incorporated
and changed its name to The Interpublic Group of Companies,
Inc. in January 1961. The Interpublic Group of Companies, Inc.
was founded in 1902 and is headquartered in New York, New
York.
Date Key Development Headline5/3/17 Management team led by Chief Executive Officer Becca
Weigman acquired TM Advertising LP from The Interpublic Group
of Companies, Inc. (NYSE:IPG).
0.0x
0.4x
0.8x
1.2x
1.6x
2.0x
Revenue Multiples - The Interpublic Group
of Companies, Inc.
TEV/Revenue Average
0x
5x
10x
15x
20x
25xEBITDA Multiples - The Interpublic Group
of Companies, Inc.
TEV/EBITDA Average
0
8
16
24
32
40
P/E Multiples - The Interpublic Group of
Companies, Inc.
P/E Average
20
Public Basket
Dentsu Inc.
Dentsu Inc. provides advertising services in Japan and
internationally. The company offers advertising through media,
including newspapers, magazines, radio, television, Internet,
sales promotion, movies, outdoor events, public transportation,
and others; and event marketing, sports marketing, public
relations, contents, creative, and other services to its clients. It
also provides information services and information-related
products, including information systems building and software
sales and support; and other services, such as office rental,
building maintenance, and computation fiduciary services.
Dentsu Inc. was founded in 1901 and is headquartered in Tokyo,
Japan.
Date Key Development Headline3/12/18 Dentsu Inc. (TSE:4324) agreed to acquire 7% stake in W
TOKYO, Inc. for approximately ¥280 million.
2/8/18 Dentsu Inc. (TSE:4324) made an agreement to acquire an
unknown majority stake in Data Artist Inc. from major
shareholders.
12/12/17 PCI Holdings, Inc. (TSE:3918) completed the acquisition of
Leafnet Co., Ltd. from Dentsu Inc. (TSE:4324), Takeshi Oka,
Yumi Oka, Yuuki Oka , Nankyo Kagaya , and other sellers.
12/5/17 Dentsu Inc. (TSE:4324) entered into an agreement to acquire
Swirl, Inc.
11/14/17 PCI Holdings, Inc. (TSE:3918) entered into contract to acquire
Leafnet Co., Ltd. from Dentsu Inc. (TSE:4324), Takeshi Oka,
Yumi Oka, Yuuki Oka , Nankyo Kagaya , and other sellers for
¥1.4 billion.
0x
1x
2x
3x
4x
5x
6xRevenue Multiples - Dentsu Inc.
TEV/Revenue Average
0x
5x
10x
15x
20x
25x
EBITDA Multiples - Dentsu Inc.
TEV/EBITDA Average
0x
15x
30x
45x
60x
P/E Multiples - Dentsu Inc.
P/E Average
21
Public Basket
Publicis Groupe S.A.
Publicis Groupe S.A. provides marketing, communication, and
digital transformation services worldwide. It offers creative
solutions, such as direct marketing, customer relationship
management, sales promotion and point-of-sale marketing,
public relations, corporate and financial communication, events
communication, and multicultural or ethnic communication
services, as well as engages in the video production and
broadcast business. The company also provides media
consulting/media planning and media buying services. In
addition, it is involved in the creation of corporate or commercial
Websites and intranets, online direct marketing consulting, social
network expertise, search engine optimization, Internet ads, and
all forms of Internet and mobile communication; and provision of
communications in the areas of healthcare and well-being under
the Digitas Health and Publicis Health Media brands. The
company serves clients in consumer goods, finance, automobile,
TMT, healthcare, food and beverage, leisure/energy/luxury,
retail, and other sectors. Publicis Groupe S.A. was founded in
1926 and is headquartered in Paris, France.
Date Key Development Headline4/9/18 Publicis Groupe S.A. (ENXTPA:PUB) acquired Ecosys OOH.
3/20/18 Publicis Groupe Seeks Acquisitions
2/7/18 An undisclosed buyer agreed to acquire Genedigi Group from
Publicis Groupe S.A. (ENXTPA:PUB).
7/20/17 Publicis Groupe Seeks Acquisitions
0.0x
0.5x
1.0x
1.5x
2.0x
2.5x
3.0xRevenue Multiples - Publicis Groupe S.A.
TEV/Revenue Average
0x
3x
6x
9x
12x
15xEBITDA Multiples - Publicis Groupe S.A.
TEV/EBITDA Average
0x
5x
10x
15x
20x
25x
30xP/E Multiples - Publicis Groupe S.A.
P/E Average
22
Public Basket
Omnicom Group Inc.
Omnicom Group Inc., together with its subsidiaries, provides
advertising, marketing, and corporate communications services.
The company offers a range of services in the areas of
advertising, customer relationship management, public relations,
and healthcare. Its services comprises advertising, branding,
content marketing, corporate social responsibility consulting,
crisis communication, custom publishing, data analytics,
database management, digital/direct marketing, digital
transformation, financial/corporate business-to-business
advertising, graphic arts/digital imaging, healthcare marketing
and communications, and instore design services. The
company’s services also include direct, entertainment,
experiential, field, interactive, mobile, multi-cultural, non-profit,
shopper, promotional, retail, search engine, social media, and
sports and event marketing services; and investor relations,
marketing research, media planning and buying, organizational
communications, package design, product placement, public
affairs, public relations, and merchandising and point of sale
services. Omnicom Group Inc. was founded in 1944 and is
based in New York, New York.
Date Key Development Headline2/15/18 Omnicom Seeks Acquisitions
10/17/17 Omnicom Seeks Acquisitions
7/20/17 Omnicom Looking For Acquisitions
0.0x
0.5x
1.0x
1.5x
2.0x
2.5xRevenue Multiples - Omnicom Group Inc.
TEV/Revenue Average
0x
5x
10x
15x
20xEBITDA Multiples - Omnicom Group Inc.
TEV/EBITDA Average
0x
6x
12x
18x
24x
30xP/E Multiples - Omnicom Group Inc.
P/E Average
23
Public Basket
WPP plc
WPP plc provides various communications services worldwide.
The company operates through four segments: Advertising and
Media Investment Management; Data Investment Management;
Public Relations & Public Affairs; and Branding & Identity,
Healthcare and Specialist Communications. The Advertising and
Media Investment Management segment provides advertising
services; and media planning and buying, and specialist
sponsorship, and branded entertainment services. The Data
Investment Management segment offers brand, consumer,
media, and marketplace insight services. The Public Relations &
Public Affairs segment provides corporate, consumer, financial,
and brand-building services. WPP plc was founded in 1985 and
is based in London, the United Kingdom.
Date Key Development Headline3/1/18 WPP Mulls Acquisitions
1/23/18 Otter Media Holdings, LLC acquired the remaining stake in
Fullscreen, Inc. from WPP plc (LSE:WPP), George Stromopolos
(founder and Chief Executive Officer of Fullscreen) and others.
11/8/17 PlayAd Media Group AB acquired FlowNetwork from Brita
Sohlberg, Harald Mix, Michael Werner, Staffan Samuelsson and
others.
8/22/17 WPP plc (LSE:WPP) acquired Design Bridge Ltd.
7/30/17 WPP plc (LSE:WPP) completed the acquisition of Thjnk AG.
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Contact Information7MA provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally.
We advise on M&A and private capital transactions, and provide market assessments and benchmarking. As a close-
knit team with a long history together and a laser focus on our target markets, we help our clients sell their
companies, raise capital, grow through acquisitions, and evaluate new markets. Securities offered through 7M
Securities LLC.
Leroy Davis, Partner 704.899.5962 [email protected]
Tripp Davis, Partner 704.899.5762 [email protected]
Andy Johnston, Partner 704.899.5961 [email protected]
Tom Dinnegan, Managing Director 310. 426.2410 [email protected]
Ben Lunka, Managing Director 704.496.2995 [email protected]
Jeff Stoecklein, Managing Director 312.373.3737 [email protected]
Kristina Sergueeva, Director 704.899.5149 [email protected]
Neil Churman, Director 704.899.5960 x 121 [email protected]
John Cooper, Director 704.973.3996 [email protected]
Tim Frye, Director 704.973.3994 [email protected]
Casey Augustine, Business Development - Manager 704.973.3999 [email protected]
Nicholas Prendergast, Financial Analyst 704.899.5960 [email protected]
Ariail Siggins, Marketing Director 704.899.5960 x 123 [email protected]
Sydney Larese, Associate 704.899.5960 [email protected]
Marty Johnson, Associate 704.899.5960 [email protected]
Rory Julyan, Associate 704.899.5960 [email protected]
Chevonese Dacres, Analyst 360.499.1502 [email protected]