MDC Partners and Stagwell Group Agree to Merge

Mark Penn has led both companies since investing in MDC last year

MDC Partners and Stagwell Group are combining forces. MDC Partners

MDC Partners and marketing consultancy Stagwell Group, both led by Mark Penn, have agreed to merge, according to the two companies.

The Business of Marketing

Don't miss The Business of Marketing, a new series featuring leading c-suite executives sharing insights on the importance of leveraging the intersectionality of marketing, finance, technology, HR and the boardroom to drive business growth. Tune in.

@Minda_Smiley Minda Smiley is an agencies reporter at Adweek.