By Shawn Lim

A day after confirming its interest in acquiring Mightyhive, S4 Capital has announced it has officially acquired the San Francisco-based advertising firm.

In a statement released today, S4 Capital said for a sum of US$150m, it will be adding Mightyhive to its previous acquisition of MediaMonks.

Peter Kim and Christopher Martin, the chief executive officer and chief operating officer of Mightyhive respectively, will join Mediamonks execs Victor Knaap, Wesley ter Haar and Peter Rademaker in taking up the roles of directors in S4.

Sir Martin Sorrell, who created S4 Capital and is now the executive chairman said the merger Read full story ›

Source: The Drum