Accenture Interactive to Acquire Independent Creative Agency Droga5

Accenture Interactive to Acquire Independent Creative Agency Droga5

Apr. 03, 2019

The deal will see Droga5, which has 500 employees spanning offices in New York and London, become a major part of Accenture Interactive, the management consultancy's marketing and customer experience division.

Though the financial terms weren't disclosed, it's understood the buy marks Accenture Interactive’s biggest acquisition since its founding in 2009.

It's just the latest big play from the consultancy to show clients it can provide them with end-to-end creative solutions, having already snapped up ad agencies like Karmarama in the UK and Kolle Rebbe in Germany. Earlier acquisitions also included design agency Fjord and Irish creative agency Rothco.

Founder David Droga will stay in his role as creative chairman of Droga5, while Sarah Thompson will continue as global chief executive. Bill Scott will remain as UK boss, working alongside the rest of the agency’s management team.

Founded in 2006, Droga5 counts The New York Times, Amazon Prime and Under Armour as clients.

David Droga said:

“Since day one, we have worked hard to push our industry forward and, hopefully, make a positive impact for all. The start of an exciting new chapter in Droga5’s history. The world of advertising is changing, and we are excited for this incredible opportunity with a company that will add more dimension to our best ideas and help push us beyond our existing ambitions. The proposition we can bring to market with Accenture Interactive will transform the industry.”

 

Brian Whipple, global chief executive of Accenture Interactive, said:

"I was "excited" to work with David Droga and his team of brand strategists and creatives to further his firm's ambition of improving the full human experience with brands. As we celebrate the 10-year anniversary of Accenture Interactive, joining forces with Droga5 will be a game-changing milestone for us and the industry as we continue to assemble the right mix of capabilities for the modern-day marketer."

 

Completion of the acquisition is subject to customary closing conditions, including antitrust clearance.

Related News

Aug. 22, 2019

Plan International appoints Blue State to create new digital supporter strategy

Blue State will work with the charity on a "Child Sponsorship 2020 Development programme" project

Aug. 19, 2019

1stAveMachine Signs Stylized and Cinematic Filmmaker Danielle Katvan

She has been a fan of 1stAveMachine since her early days as a filmmaker

Aug. 13, 2019

We Are Social appoints Lore Oxford to the newly created role of Global Head of Culture and Insights

In the newly created role, Lore will be responsible for diversifying the agency’s research & insight function

Latest News

Aug. 22, 2019

Plan International appoints Blue State to create new digital supporter strategy

Blue State will work with the charity on a "Child Sponsorship 2020 Development programme" project

Aug. 21, 2019

Rokkan Puts The Russo Brothers in the Driver's Seat For Cadillac Campaign

XT6 Launch campaign continues to prove this isn’t your grandfather’s Cadillac