Transaction overview
TM Advertising in Dallas, Texas, has been sold to the agency’s management team in an acquisition led by CEO Becca Weigman. With a storied history dating back more than 80 years, TM is one of the Southwest’s most influential advertising and marketing communications agencies.
Ciesco acted as the exclusive advisor to the parent company of TM Advertising, McCann Worldgroup.
About McCann Worldgroup
McCann Worldgroup, part of the Interpublic Group, is a leading global marketing services company with 24,000 employees in more than 100 countries, comprising McCann Erickson, MRM//McCann, Momentum Worldwide, McCann Health, CRAFT, UM, Weber Shandwick, FutureBrand, ChaseDesign and PMK-BNC.
Interpublic is one of the world’s leading organisations of advertising agencies and marketing services companies. Major global brands include BPN, CRAFT, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton Worldwide, MAGNA GLOBAL, McCann, Momentum, MRM//McCann, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick.
About TM Advertising
TM Advertising is an independent, woman-owned, full-service agency fueled by a diverse group of passionate, fun-loving, curious individuals. TM Advertising have strong partnerships and a strong culture. TM Advertising was founded in 1934 and has been one of the Southwest, United States’ top creative agencies. TM Advertising has also made appearances on Ad Age’s list of Best Places to Work. Clients Include: Universal Studios Orlando, Taco Bueno, Japan Airlines, Yahoo, Nationwide, and American Airlines.
We are delighted to have advised McCann Worldgroup on this successful transaction. With Creative and fully-integrated Comms Planning and Media capabilities, TM Advertising is already one step ahead of the industry, and by building on its newly acquired status of the only female-owned brand creative agency in the Dallas/Fort Worth area, it has a unique agency proposition.