Carlyle to Acquire International Marketing Agency Incubeta; Financial Terms Not DIsclosed
Benzinga · 11/16/2022 04:55
Carlyle (NASDAQ:CG) today announces that it has agreed to acquire a majority stake in Incubeta, an internationally recognized leader in digital marketing, and one of a select few globally certified Google Marketing Platform (GMP) partners. Terms of the transaction, which is subject to customary regulatory approvals, were not disclosed. Founded in 2004 and headquartered in London, UK, Incubeta has experienced significant growth over the past two decades, evolving into a team of more than 800 people across 22 locations worldwide. Developed by Google, GMP is an integrated advertising-technology platform that enables customers to more effectively create and manage high-impact digital marketing campaigns using data analytics and advanced measurement. Backed by a wealth of experience in helping brands grow their digital presence across multiple sectors, Incubeta has capitalized on their expertise, partnering with a highly diversified base of international brands, including Hyundai, Heineken, M&S and L'Oréal. Experts in the digital space, Incubeta offers a full range of services across Creative, Technology, Media, Ecommerce and Data - specializing in GMP consulting and measurement capabilities among other bespoke services. The company's proprietary technology also offers its clients a fully integrated ad-tech platform, within an increasingly data-driven marketing landscape, that focuses on clients owning their media and serving customers in a privacy-compliant manner. The Carlyle Europe Technology Partners ("CETP") platform will support Incubeta in accelerating its international growth plan through the development of its existing suite of services and acquisitions, as well as investing in the company's commercial operations and proprietary technology. CETP has extensive experience in scaling technology and marketing services businesses through its partnerships with leaders in their respective markets, including companies such as DEPT, Work & Co, The Mill, and HSO.