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Stagwell (STGW) Expands in Latin America with Acquisition of PROS Agency, Digital PR Leader in Brazil [Yahoo! Finance]

Stagwell Inc. - Class A (STGW) 
Company Research Source: Yahoo! Finance
SÃO PAULO April 15, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has entered into an agreement to acquire PROS Agency (PROS), a Brazil -based brand and marketing consultancy specializing in digital public relations (PR), creative planning and production, influencer marketing, and brand development. Headquartered in São Paulo, the agency will play a key role in driving business for Stagwell within Brazil as well as the greater Latin America (LATAM) region as part of Allison , a global marketing and communications consultancy within Stagwell. "PROS' creative strategy and digital innovation expertise helps brands create engaging and purposeful conversations with consumers, consistently pushing the boundaries of PR – making them a true leader in the region," said Stagwell Chairman and CEO Mark Penn . "I worked in Latin America for several years and have always noted its massive growth potential. This acquisition is key to our accele Show less Read more
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