S4 Capital-backed MediaMonks to acquire Staud Studios.

S4 Capital-backed MediaMonks, a digital advertising and marketing services company, agreed to acquire Staud Studios, a creative production studio. Financial terms were not disclosed. "Staud Studios will play a key part in building up the Marcom ENGINE solution for BMW & MINI. Their Automotive expertise is second to none - going forward Pascal and his team in Stuttgart will become the global centre of expertise for mobility at MediaMonks," Victor Knaap, MediaMonks CEO.