Very reliable sources tell us that New York-based, social media-focused agency Mr. Youth, which also opened up shop in San Francisco a few months back, is narrowing down potential buyers and among those on the shortlist is LBi. Our sources say the valuation for Mr. Youth, which was founded by its CEO Matt Britton in 2002 (and signed private equity deals with Boston-based firms in early 2009) is somewhere in $50-75 million range. We hear a deal for Youth, an agency that has worked with the likes of Sony, Starbucks, HP and Macy’s in the past, will be completed by year’s end.
Advertising Age is looking for a Freelance Reporter. next job Greater Than One, Inc. is looking for a Search Marketing Analyst. next job re:fuel agency is looking for a Director, Digital Advertising Operations. next job Creative Circle is looking for a SEM Manager - Bilingual. next job LA Ad Agency is looking for a Features Editor. next job gyro is looking for a Acount Executive. next job Creative Circle is looking for a SEO Manager - Bilingual. next job gyro is looking for a Sr Account Executive. see all
Get hands-on social media training in our online boot camp, Social Media 101! Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Register before July 31 and get $50 OFF with early bird pricing. Register now!