Acquisition of Whitespace (Scotland) Ltd by Dentsu Aegis Network Ltd
Dentsu Aegis Network Ltd. is a multinational media and digital marketing communications company headquartered in London and a wholly owned subsidiary of the Japanese advertising and public relations firm Dentsu.
Dentsu Aegis “North” employs 640 people across Manchester, Leeds, Edinburgh and Newcastle offices providing media, digital, creative, data and technology services for clients such as Thomas Cook and Visit Scotland. The acquisition of Edinburgh based Whitespace provides further scope for growth through the combination of the digital brand experience and content capability possessed by Whitespace and Dentsu Aegis “North” existing media, data and tech offering.
BDO provided financial and tax due diligence and SPA advice in support of the transaction.