The local leadership team acquired an unknown majority stake in M&C Saatchi Abel Limited, M&C Saatchi Connect Limited, Levergy Marketing Agency Limited, Razor Media Limited, Dalmatian Communications Limited and Black & White Customer Strategy Limited from M&C Saatchi plc in a management buyout transaction for £5.6 million.
April 08, 2024
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The local leadership team acquired an unknown majority stake in M&C Saatchi Abel (Pty) Limited, M&C Saatchi Connect (Pty) Limited, Levergy Marketing Agency (PTY) Limited, Razor Media (Pty) Limited, Dalmatian Communications (Pty) Limited and Black & White Customer Strategy (Pty) Limited from M&C Saatchi plc (AIM:SAA) in a management buyout transaction for £5.6 million on April 9, 2024. M&C Saatchi's shares in the M&C Saatchi South Africa Group are being acquired by the existing local leadership teams which includes the directors and current minority owners of the M&C Saatchi South Africa Group. The proceeds of the disposal will be retained by M&C Saatchi. In the year ended December 31, 2023, the M&C Saatchi South Africa Group generated a consolidated profit after tax of £1.3 million (£0.7 million excluding minority interests). Max Jones, EddMansfield, and Will King of Liberum Capital Limited is Financial advisor to M&C Saatchi. Liberum Capital Limited, consider the terms of this divestment to be fair and reasonable for M&C Saatchi's shareholders are concerned.
The local leadership team completed the acquisition of an unknown majority stake in M&C Saatchi Abel (Pty) Limited, M&C Saatchi Connect (Pty) Limited, Levergy Marketing Agency (PTY) Limited, Razor Media (Pty) Limited, Dalmatian Communications (Pty) Limited and Black & White Customer Strategy (Pty) Limited from M&C Saatchi plc (AIM:SAA) in a management buyout transaction on April 9, 2024.
M&C Saatchi Plc is a United Kingdom-based creative solutions company engaged in the provision of marketing services. It operates through five connected specialisms: Advertising, Media, Issues, Consulting and Passions. Advertising specialism offers scaled and personalized content. It offers data analytics, integrated campaigns, social strategy and content, dynamic digital content, personalization, owned and earned media, and public relations (PR) communications. Consulting specialism offers growth, sustainability, CX, DX, brand, product and service innovation, and data analytics. It offers growth consulting in emerging sectors. Issues specialism offers communications for global affairs and social issues, such as climate, health, behavior change, national security, conflict prevention and the protection of human rights. Passions specialism connects brands directly to consumers through passions and personalities. Media specialism connects brands with digitally connected consumers.
The local leadership team acquired an unknown majority stake in M&C Saatchi Abel Limited, M&C Saatchi Connect Limited, Levergy Marketing Agency Limited, Razor Media Limited, Dalmatian Communications Limited and Black & White Customer Strategy Limited from M&C Saatchi plc in a management buyout transaction for £5.6 million.
M&C SAATCHI PLC 
