S4 Capital Shows Q1 Growth, Announces Merger With Brazil’s Raccoon, Hints at Rebrand

Sir Martin Sorrell

S4 Capital announced the merger with Brazilian digital performance agency Raccoon Group and posted like-for-like sales growth of 35% to $ 169.3 million in the first quarter, while gross profit rose 33% to $ 144.4 million. Through the merger, MightyHive, the London-based group’s digital media business, will team up with Raccoon to expand its data and …