121 Corp Acquires Studio Misfits

Misfits Market Acquires Imperfect Foods

September 7, 2022

Food & Beverage

Misfits Market has agreed to acquire online grocer Imperfect Foods, combining two sustainable direct-to-consumer grocery platforms to expand scale, delivery capabilities, and private-label programs. The combined business is projected to exceed $1 billion in sales and pursue profitability by early 2024, with Misfits Market CEO Abhi Ramesh leading the merged company.

Blink49 Studios Acquires Pier21 Films

March 17, 2025

Media & Entertainment

Toronto-based Blink49 Studios has acquired Pier21 Films to extend its Canadian production reach and expand its comedy and scripted slate. Terms were not disclosed; Pier21 founder Laszlo Barna will exit with an exclusive first-look deal with Blink49 while Pier21 co-CEOs Nicole Butler and Vanessa Steinmetz will depart following closing.

CIVC Partners Invests in 829 Studios

September 28, 2021

Marketing & Advertising

Chicago-based private equity firm CIVC Partners has invested in Boston-based digital marketing agency 829 Studios, partnering with founders Peter Ross and Nick Riotto who will retain significant ownership and remain in management. Stellus Capital Management provided unitranche senior financing and an equity co-investment to support the transaction; the partnership is intended to accelerate 829's organic growth and support add-on acquisitions.

Apply Digital Acquires Sisu to Expand Design Capabilities

June 12, 2024

Marketing & Advertising

Apply Digital, a Vancouver-based digital transformation firm, has acquired Sisu, Inc., a Los Angeles–based digital agency founded in 2002. The acquisition expands Apply Digital's design and creative capabilities, strengthens its presence in the entertainment market and Los Angeles, and increases its global team to more than 650 employees across eight offices.

Vi Labs Acquires Motus Consumer Insights

December 12, 2022

Marketing & Advertising

Vi Labs has acquired Motus Consumer Insights to combine Motus's member-acquisition analytics, site selection, and marketing BI capabilities with Vi's AI-powered member engagement and retention platform. The deal creates an end-to-end solution for digital health enterprises to identify high-value prospects, optimize site selection, and drive engagement and lifetime value.

Project Worldwide Acquires OS Studios

March 19, 2021

Marketing & Advertising

Project Worldwide, an independent, employee-owned network of creative agencies, has acquired OS Studios, a New York–based creative and production agency focused on gaming and esports. The acquisition brings OS Studios’ live and remote broadcast production and content capabilities into Project’s portfolio to expand the network’s esports and gaming services for publishers, leagues, teams and brands.