Sorrell’s S4 Capital to raise £74m to fund second takeover

S4 Capital, the digital advertising and marketing services company created by Martin Sorrell, the former CEO of WPP, has agreed the terms of its second acquisition and is partly financing the deal through a £74m placing and open offer on the London Stock Exchange.

  • By Aidan Gregory
  • 04 Dec 2018

In a regulatory filing on Tuesday morning, S4 Capital said it had agreed to acquire MightyHive, a digital advertising company in California, for an enterprise value of $150m.

This is the second acquisition S4 Capital has completed since its creation in May, following Sorrell’s departure from WPP after ...

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