Motion Acquires Chicago Ad Agency LKH&S
(MENAFN- PRovoke)
CHICAGO - The Motion Agency has acquired fellow Chicago firm LKH&S, the latest in a series of investments by the independent agency that also includes the acquisition of video production company AKA Media earlier this year.
Founded in 1992, LKH&S is an advertising agency with a focus on B2B marketing. Its clients include Hyundai, EmployCo, EvAI and Toggler.
The acquisition is Motion's seventh. Terms of the deal were not disclosed.
The transaction follows Motion's acquisition of Chicago-based video production company AKA Media in January. Together, the deals add advertising and video production resources to the agency.
The investments come as many agencies continue to pursue mergers and acquisitions as a route to growth, although Motion founder and CEO Kim Eberl said the agency remains committed to its independent ownership model
"We believe there is a tremendous appetite for client-focused, independent, midsized agencies that have the right capabilities to lead in this evolving media landscape," Eberl said in a statement. "And we are investing accordingly."
Founded in 1992, LKH&S is an advertising agency with a focus on B2B marketing. Its clients include Hyundai, EmployCo, EvAI and Toggler.
The acquisition is Motion's seventh. Terms of the deal were not disclosed.
The transaction follows Motion's acquisition of Chicago-based video production company AKA Media in January. Together, the deals add advertising and video production resources to the agency.
The investments come as many agencies continue to pursue mergers and acquisitions as a route to growth, although Motion founder and CEO Kim Eberl said the agency remains committed to its independent ownership model
"We believe there is a tremendous appetite for client-focused, independent, midsized agencies that have the right capabilities to lead in this evolving media landscape," Eberl said in a statement. "And we are investing accordingly."
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