Hakuhodo Acquires Majority Stake in Vietnam-Based Digital Agency BCM

Calbee Acquires Majority Stake in Hodo, Inc.

September 11, 2025

Food & Beverage

Calbee, Inc. has acquired a majority stake in Oakland-based plant-protein and tofu maker Hodo, Inc., accelerating Calbee's U.S. expansion and strengthening its Food & Health business. Japanese tofu maker Sagamiya Foods also took a minority stake and will provide technical support as part of the venture.

broadhead Acquires HMH Agency

January 31, 2022

Marketing & Advertising

broadhead, the largest independent marketing agency in Minnesota, has acquired Portland-based HMH Agency. The deal expands broadhead's capabilities and vertical expertise into transportation (electric, autonomous and connected vehicles) while HMH will retain its brand and leadership; TobinLeff served as M&A advisor on the transaction.

BC Partners Acquires Majority Stake in Madison Logic

December 30, 2022

Marketing & Advertising

BC Partners has signed a definitive agreement to acquire a majority stake in Madison Logic, the global account-based marketing (ABM) platform, from Clarion Capital Partners. Clarion and other shareholders including CEO Tom O'Regan and co-founders Vin Turk and Erik Matlick will retain minority stakes; the deal (previously reported at a $750 million enterprise value) will support Madison Logic's growth and technology investment.

Bold Orange Company Acquires Three Deep Marketing

April 20, 2021

Marketing & Advertising

Bold Orange Company (BOCO), a Minneapolis-based customer experience agency, has acquired St. Paul-based digital agency Three Deep Marketing. The acquisition adds performance marketing, digital media and Salesforce Marketing Cloud implementation capabilities to Bold Orange’s existing content, UX/UI and CRM offerings to create a more complete end-to-end customer experience service for clients.

High Level Marketing Acquires NDS Digital

October 25, 2022

Marketing & Advertising

High Level Marketing (HLM), a tech-enabled digital marketing company based in Birmingham, Alabama, has acquired NDS Digital, an Oklahoma-based digital marketing agency. The deal expands HLM's national reach and strengthens its capabilities and presence in the home services marketing market.

BCM One Acquires Wholesale Carrier Services (WCS)

July 21, 2021

Telecommunications

BCM One has acquired Wholesale Carrier Services (WCS), a facilities-based operator of an IP-enabled voice and data network, in a deal that expands BCM One's managed services portfolio and global network reach. The acquisition adds WCS's UCaaS, connectivity and managed services capabilities and extends BCM One's Network Operations Center footprint into the Asia Pacific region; the deal was announced July 21, 2021.