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| Mark Penn |
Stagwell reported Q2 net revenues grew six percent to $632M. Organic growth clocked in at five percent and three percent for the first half.
CEO Mark Penn said the “results demonstrate Stagwell is thriving in today's AI era.”
Stagwell’s “unique combination of software, services and engineers” powered a record $171M quarterly in net new business wins, according to Penn.
IBM, Mondelez, Heineken and Adobe ranked as key wins.
Penn expects Stagwell “to deliver double-digit growth in the second half, the lions' share of which will be organic.”
The firm reiterated its full-year eight to 12 percent net revenue growth target.
Stagwell owns SKDK, Allison, Hunter and Sloane & Co.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
