UK's The Engine Group Buys Deep Focus; U.S. Expansion Plans Start Now
Posted on October 19, 2010 at 09:52 AM EDT
Fresh from a £62.5 million ($100 million) cash infusion from Britain’s HIG Capital last week, The Engine Group has acquired independent U.S. interactive ad agency Deep Focus , the companies are announcing this morning. New York-based Deep Focus, which was founded in 2002 by Ian Schafer, the company’s president and CEO, has never taken on an outside investment and was one of the last major ad shops to emerge out of the dot-com crash to remain independent.
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