M&C Saatchi is an AIM-listed advertising and marketing services company that serves Europe, the Middle East, Africa, Asia, Australia, and the Americas. M&C Saatchi focuses on creative marketing, advertising and communications, connecting specialist expertise through data and technology to deliver meaningful change. M&C Saatchi’s customers include Adidas, The Commonwealth Bank of Australia, Costa Coffee, Heineken, Nando’s, Optus, and UNICEF.
Smith Square Partners acted as sole financial adviser to Next Fifteen Communications Group plc in relation to its recommended cash and share acquisition of M&C Saatchi plc. Under the terms of the acquisition, M&C Saatchi shareholders will receive 40 pence in cash and 0.1637 new Next Fifteen shares for each M&C Saatchi share, valuing the entire issued and to be issued ordinary share capital of M&C Saatchi at approximately £310 million.
Update: On 31 October 2022, the Scheme was not approved by the requisite majorities of the Scheme Shareholders and the acquisition of M&C Saatchi by Next Fifteen was terminated.