Mark Penn’s Stagwell Group Secures $260 Million From Private Equity Firm

Mark Penn's Stagwell Group, a portfolio of self-described digital-centric marketing and research companies, announced today the completion of a $260 million capital raise from investment funds managed by global private equity firm AlpInvest Partners. "The marketing landscape is in the midst of a dramatic transformation, and we are excited to have AlpInvest support our mission...