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dae.com

Stage

Acquired | Acquired

Valuation

$0000 

About DAE Advertising

DAE Advertising is a full-service communications agency with an Asian American perspective, providing a range of advertising and marketing services including strategic planning, creative development, media planning, online marketing, website development, and event management services.

DAE Advertising Headquarter Location

71 Stevenson St. Suite 1450

San Francisco, California, 94105,

United States

415-341-1280

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Latest DAE Advertising News

The Marketing Group Plc: The Marketing Group’s US Subsidiary Wilkin Marketing Completes The Tactical Acquisition Of DAE Advertising

Nov 23, 2016

The Marketing Group Plc: The Marketing Group’s US Subsidiary Wilkin Marketing Completes The Tactical Acquisition Of DAE Advertising Tactical acquisition expands Wilkin Marketing’s advertising and marketing business and further strengthens The Marketing Group’s position in the US The Marketing Group continues to attract high quality businesses and execute deals in the world’s largest digital market DAE Advertising has total annualized revenues and EBITDA of approximate €4,949,978 and €959,600 respectively Purchase price of €5,757,600 with a share capital increase of approximately 1,560,325 shares for the acquisition November 21, 2016 01:42 AM Eastern Standard Time STOCKHOLM--( BUSINESS WIRE )--THE MARKETING GROUP PLC (“the Group”), the world’s leading digital marketing and advertising agglomeration, announces that its US multi-media marketing and design subsidiary, Wilkin Marketing, based in Burlington, KY, has completed the tactical acquisition of San Francisco, CA, based DAE Advertising, Inc. The acquisition adds a range of advertising capabilities to Wilkin Marketing’s service offering and enables it to access the large and growing market for advertising services in California. The deal marks Wilkin Marketing’s first tactical acquisition and continues the Group’s strategy of adding mature, profitable, debt-free and well-managed private businesses that strengthen its positions in key markets. The transaction was completed at a strike price of €3.69 per share (based on a 10-day volume weighted average price). This requires the creation of 1,560,325 new ordinary shares, 75% of which are subject to a 360-day lockup period. The total number of Ordinary shares issued by The Marketing Group will increase from 34,185,911 to 35,746,236. Commenting on the acquisition Rusty Donohoo, CEO and founder of Wilkin Marketing said: “The acquisition of DAE Advertising adds valuable advertising services to our offering and brings an impressive list of new clients to the company. Importantly it also broadens our reach into the large Californian market and increases the overall profitability of The Marketing Group.” DAE Advertising, Inc. provides a range of advertising and marketing services including strategic planning, creative development, media planning, online marketing, website development and event management services. Clients include leading brands such as Cathy Pacific Airways, Charles Schwab & Co., Comcast, Southwest Airlines and Wells Fargo. Jeremy Harbour, Executive Chairman of The Marketing Group added: “This acquisition demonstrates one of the clear benefits to our subsidiaries of being part of The Marketing Group, the ability to use our shares to make tactical acquisitions that help to create a more effective and cohesive client offering. The deal also demonstrates our continuing ability to identify and rapidly execute acquisitions at Group and subsidiary level, consistent with our acquisition strategy and which help to build value for our shareholders.” DAE Advertising

  • Where is DAE Advertising's headquarters?

    DAE Advertising's headquarters is located at 71 Stevenson St., San Francisco.

  • What is DAE Advertising's latest funding round?

    DAE Advertising's latest funding round is Acquired.

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