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New Deal


Announced

Completed

Candid completed the acquisition of Coopr.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Domestic

Completed

Acquisition

Private

Media Agencies

Majority

Friendly

communication agency

Single Bidder

Synopsis

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Candid, a platform organisation, completed the acquisition of Coopr, a public relations and communications agency. Financial terms were not disclosed. "Coopr is an absolute premium brand in the field of PR and corporate communication. Their entrepreneurial spirit fits in perfectly with our platform strategy in which we bring together strong and distinctive agencies into an integrated platform. Within Candid, agencies retain their own culture and identity, but our clients always have direct access to our services across the full range of the marketing and communication profession. With the acquisition of Coopr, we now also have a leading agency within our platform in the – increasingly important – field of PR and corporate communication," Ruud Wanck, Candid CEO.

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