Temasek to acquire a minority stake in Horizon Media for $1.2bn.

Temasek, an investment company, agrees to acquire a minority stake in Horizon Media, a media agency, for $1.2bn. LionTree is also an investor in the transaction. “Horizon sees more opportunity than ever before to take advantage of gaps in the marketplace and continue our significant growth in driving positive business outcomes for our clients. In evaluating the next evolution of Horizon, I wanted a world class partner who is like-minded strategically, has the same appetite for growth, understands the media, marketing, and technology landscape, is global in scale, and culturally aligned. I found that perfect combination in Temasek and LionTree," Bill Koenigsberg, Horizon Media CEO and Founder.