WPP Offers $12.5 Million for Big Spaceship

Holding company may buy the Brooklyn-based digital shop, a source says; it has also considered a bid for MyWebGrocer.

star-wars-death-starWPP wants to purchase digital shop Big Spaceship, making an offer of $12.5 million in recent weeks, according to a source close to the situation.

Brooklyn, NY-based Big Spaceship has been in talks with WPP since October, according to the source. The deal is in due diligence stage, the source said.

Big Spaceship’s clients include Adobe, HBO, Skittles, Victoria’s Secret, Land’s End, and various other notable brands. The agency’s disciplines include brand strategy, web, mobile, social, games, and content.

WPP declined to comment, and Big Spaceship didn’t reply by press time.

The London-based holding company and its competitors remain keenly interested in the dwindling herd of independent digital agencies. In August 2011, WPP announced the purchase of Rogers, AR-based Rockfish Interactive, a month after ClickZ reported a deal was in the works in the neighborhood of $40 million.

WPP was also mum about a rumor that it’s considering a bid for MyWebGrocer. The Vermont-based e-commerce provider has dozens of supermarket chain clients, enabling web sales for thousands of locations. According to comScore, MyWebGrocer had 2.1 million U.S. unique visitors in February, up from 1.5 million during the same month in 2011.

Subscribe to get your daily business insights

Engagement To Empowerment - Winning in Today's Experience Economy
Report | Digital Transformation

Engagement To Empowerment - Winning in Today's Experience Economy

2y

Engagement To Empowerment - Winning in Today's Exp...

Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...

View resource
Announcement Alert from Lee Arthur
Weekly briefing | Digital Transformation

Announcement Alert from Lee Arthur

2y

Announcement Alert from Lee Arthur

Announcement Alert!! Read More

View resource
The 2023 B2B Superpowers Index
Whitepaper | Digital Transformation

The 2023 B2B Superpowers Index

3y

The 2023 B2B Superpowers Index

The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...

View resource
Impact of SEO and Content Marketing
Whitepaper | Digital Transformation

Impact of SEO and Content Marketing

3y

Impact of SEO and Content Marketing

Making forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...

View resource