Interpublic Group Acquires Stake in The Famous Group

April 20, 2022

Interpublic Group (IPG) has taken a minority stake in The Famous Group, a Los Angeles–based fan experience and mixed/augmented reality technology company. The investment will align The Famous Group with IPG’s Momentum Worldwide to broaden experiential and immersive offerings across IPG’s agency portfolio while allowing The Famous Group to continue operating under its own name.

Buyers
Interpublic Group (IPG)
Targets
The Famous Group
Location
California, United States
Transaction Type
Growth capital

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