Interpublic Group Announces Sale of R/GA to Truelink Capital

GlobeNewswire

03 Mar

New York, NY, March 03, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced the sale of R/GA, the creative innovation company, to Truelink Capital, a private equity firm with a track record of investing in tech-enabled services. Financial terms of the transaction were not disclosed.

“This strategic move allows Interpublic to further sharpen our focus on our core strategic offerings,” said Philippe Krakowsky, Chief Executive Officer of Interpublic Group. “We wish all the great people at R/GA the best of luck going forward.”

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About Interpublic
Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.7 billion in 2024.

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Contact Information
Tom Cunningham
(Press)
(212) 704-1326

Jerry Leshne
(Analysts, Investors)
(212) 704-1439

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Financial terms of the transaction were not disclosed.\n“This strategic move allows Interpublic to further sharpen our focus on our core strategic offerings,” said Philippe Krakowsky, Chief Executive Officer of Interpublic Group. “We wish all the great people at R/GA the best of luck going forward.”\n# # #\nAbout InterpublicInterpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. 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