MDC Partners

Formerly a top independent marketing holding company; now integrated into Stagwell Inc. as a top 10 global marketing services group

MDC Partners, now operating as Stagwell Inc., was an advertising and marketing holding company based in New York City that operated through a partnership model, acquiring majority stakes in its partner agencies while leaving a share of ownership with the founders.¹ The company invested in agency partners across advertising, marketing, media management, technology, analytics and consumer insights, direct marketing, and strategic consulting.¹ On the financial and regulatory front, founder Miles Nadal resigned as CEO in July 2015 in response to an SEC investigation regarding executive pay and accounting practices, and agreed to repay $1.9 million in expenses and $10.6 million in salary and bonuses.¹ MDC Partners ultimately completed a business combination with Stagwell Marketing Group, creating a top 10 global marketing services company.² Source 1: wikipedia.org — MDC Partners Source 2: prnewswire.com — Stagwell Marketing Group And MDC Partners (MDCA ...