While the recession has driven down the number of agency acquisitions over the past year, the rate of firms buyouts, or holding companies adding agencies to their rosters, is set to increase in the next six months to one year, say industry experts.
Industry leaders are bullish about near-future M&A activity because prospective buyers have regained a sense of confidence about the future of the economy, says Tim Dyson, CEO of holding company Next Fifteen, which recently acquired New York-based ...