UPDATE: The acquisition was completed on November, 1, 2023.
Accenture (NYSE: ACN) is to acquire ConcentricLife, a New York-based healthcare marketing agency with expertise in helping Life Sciences brands build an optimal brand experience at any stage of the health journey.
Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory clearance.
The agreement to acquire ConcentricLife, which is a subsidiary of Stagwell (NASDAQ: STGW), reinforces Accenture Song’s continued investment in creating end-to-end solutions for its Life Sciences clients through relevant communications and experiences for patients and healthcare professionals.
Founded in 2002 and led by Ken Begasse Jr., CEO, ConcentricLife offers full-service digital healthcare marketing and communications expertise and capabilities that help brands answer rising consumer demands in rare diseases, health and wellness. Each of ConcentricLife’s practices revolves around a core of experts in marketing practices, including experience design, engagement, commercial strategy, production, medical communications and social. Clients use ConcentricLife to launch their most important brands and improve the brand experience over the entire product lifecycle management. Headquartered in New York, ConcentricLife’s 270+ employees will join Accenture Song in other markets including Atlanta, Chicago, Ft. Lauderdale, San Diego and London.
FinSMEs
26/10/2023