Stagwell completed the acquisition of Brand New Galaxy.

Stagwell, a digital business transformation and marketing service network, completed the acquisition of Brand New Galaxy, an independent marketing & technology enterprise built to drive commerce for brands. Financial terms were not disclosed. "We are pleased to welcome Brand New Galaxy to the Stagwell platform, expanding the reach of our global e-commerce offerings. Their state-of-the-art e-commerce and digital transformation technology is another reason clients are choosing Stagwell over traditional holding companies," Mark Penn, Stagwell Chairman and CEO.