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Announced

CVC Capital and CDPQ to acquire a majority stake in BlueFocus International.

Synopsis

CVC Capital Partners and Caisse de depot et placement du Quebec agreed to acquire a majority stake in BlueFocus International, a media agency, from BlueFocus Communication Group, an advertising, PR, digital marketing and communications company. Financial terms were not disclosed. "Our partnership with CVC and CDPQ, will allow us to advance our expansion and transformation strategy. This investment in geographic and capabilities expansion and next generation technology and data offering will provide leading-edge services for our clients and unparalleled development opportunities to our talented people all around the world," Brett Marchand, BlueFocus International CEO.

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