Stagwell Acquires LEADERS and IMAI to Enhance Global Influencer Marketing Capabilities | Martech Edge | Best News on Marketing and Technology
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Stagwell Acquires LEADERS and IMAI to Enhance Global Influencer Marketing Capabilities

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Stagwell Acquires LEADERS and IMAI to Enhance Global Influencer Marketing Capabilities

Stagwell Acquires LEADERS and IMAI to Enhance Global Influencer Marketing Capabilities

PR Newswire

Published on : Jul 25, 2024

Stagwell, a network renowned for transforming marketing, has announced its acquisition of LEADERS, a Tel Aviv-based digital agency specializing in influencer marketing and social commerce, along with its SaaS platform, InfluencerMarketing.AI (IMAI). This acquisition enhances Stagwell Marketing Cloud's PRophet Comms Tech Suite, integrating advanced AI technologies for influencer marketing into its offerings.

1. Acquisition Overview

  • Acquired Entities: LEADERS, a digital agency, and InfluencerMarketing.AI (IMAI), an AI-powered influencer marketing platform.
  • Purpose: Enhance Stagwell's marketing technology suite with AI-driven solutions for influencer marketing.

2. LEADERS and IMAI Details

  • Founders: Eran Nizri and Yehonatan Arami, established in 2017.
  • Platform Capabilities: IMAI connects brands with over 300 million creators globally, offering campaign management tools, robust analytics, and sales prediction models.
  • Clientele: Includes major brands like Nespresso, Samsung, Colgate-Palmolive, Coca-Cola, Playtika, Estée Lauder, and Superdry.

3. Strategic Benefits for Stagwell

  • Enhanced Offerings: Integration of advanced AI technologies into Stagwell’s PRophet Comms Tech Suite.
  • Global Expansion: Marks Stagwell’s first agency acquisition in Israel, supporting its substantial global expansion efforts.
  • Industry Impact: Aims to redefine influencer marketing with cutting-edge technology and a global network.

4. Statements from Key Executives

  • Mark Penn, Chairman and CEO of Stagwell: "The acquisition strengthens our Marketing Cloud with innovative AI solutions and marks a significant step in our global expansion."
  • Aaron Kwittken, Founder and CEO of SMC's Comms Tech Suite: "The integration of LEADERS and IMAI will amplify our capabilities in digital and influencer marketing."
  • Eran Nizri, CEO of LEADERS: "Joining Stagwell provides an opportunity to lead the influencer marketing industry into a new era with expanded resources and global reach."

5. Leadership and Integration

  • Leadership Roles: Eran Nizri remains Group CEO, Itamar Gonsherovitz continues as CEO of LEADERS’ digital agency operations, and Yehonatan Arami will lead business development.
  • Integration: LEADERS and IMAI will be integrated into Stagwell's Comms Tech Unit, enhancing its influencer and digital marketing strategies.

6. Recent Acquisitions

  • 2024 Acquisitions: LEADERS is Stagwell’s seventh acquisition this year, following Team Epiphany, Sidekick, What's Next Partners, PROS, Business Traveller, and BERA.

The acquisition of LEADERS and IMAI by Stagwell marks a transformative milestone in enhancing its global influencer marketing capabilities. By integrating LEADERS' digital expertise and IMAI’s AI-powered platform into its PRophet Comms Tech Suite, Stagwell is set to lead the industry in digital marketing innovation and expand its global footprint.