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Engine breakup: who’ll buy its divisions and how will it impact its value?

on Jul 27, 2021 | 0 comments

By Tristan Rice

One-stop shop Engine is facing a breakup as its owner Lake Capital puts it up for auction. Tristan Rice, who leads SI Partners’ European M&A practice, considers who will buy its divisions and how will it impact the value of its business.

To understand what’s happening with Engine today, you have to go back to its origins.

Engine – formerly The Engine Group – was conceived in a different era. Those who remember the likes of Loewy and Photon will recall that there was great excitement around the concept of buying up agencies of all shapes and sizes and sticking them Read full story ›

Source: The Drum