Stagwell to acquire JetFuel.

Stagwell, a global marketing network company, agreed to acquire JetFuel, an experiential marketing services agency that accelerates brand awareness through experiences, content and conversations. Financial terms were not disclosed. "JetFuel's award-winning experiential capabilities strengthen our commitment to delivering best-in-class experiences for our clients' customers. This acquisition underscores our strategy to keep Stagwell just the right size to produce game-changing work for clients," Mark Penn, Stagwell Chairman and CEO.