S4 Capital-backed MightyHive, a data and digital media consultancy company, completed the merger with Raccoon Group, a digital performance agency in Brazil. Financial terms were not disclosed. "Brazil has sadly suffered more than most as a result of Covid and we send our best wishes and support to our colleagues, new and old, their families and everyone there. It is a crucial market for us at S4 Capital and one we have history in and love to work in, so we are delighted to welcome Andre, Tulio and their colleagues to expand our existing capabilities," Martin Sorrell, S4 Capital Executive Chairman.