Sunday, July 21, 2024 | Baltimore, MD
Baltimore, MD
79°
Partly Cloudy
FOLLOW US:

Baltimore digital commerce agency to be acquired for $835M

November 6, 2023

Flywheel Digital, a Baltimore digital commerce company, is set to be sold to a New York media and marketing company for $835 million. Flywheel Digital, which has more than 200 employees at its Locust Point headquarters, will be sold to Omnicom Group Inc., a Fortune 500 company, pending shareholder approval. Omnicom (NYSE: OMC) said in a release that the deal is expected to close in the first quarter of 2024.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.