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Today it was announced that CVC Capital Partners (“CVC“), a global private equity and investment advisory firm, and Caisse de dépôt et placement du Québec (“CDPQ“), a global investment group have reached an agreement with BlueFocus Intelligent Communication Group to acquire a majority stake in its international group of agencies, managed under its subsidiary, BlueFocus International. This comprises its three main agency groups: We Are Social, fuseproject, Vision7 International which includes Cossette [TCO] , Cossette Media, Eleven and Citizen Relations [TCO] , among others.
The new entity will have over 2,500 employees, across 12 countries in North America, Europe, the Middle East and Asia Pacific.
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