Interpublic Group (IPG) announced the sale of R/GA to Truelink Capital, a private equity firm. Financial terms of the transaction were not disclosed.
"This strategic move allows Interpublic to further sharpen our focus on our core strategic offerings," said Philippe Krakowsky, CEO of Interpublic Group.
Interpublic is a values-based, data-fueled, and creatively-driven provider of marketing solutions. IPG is an S&P 500 company with total revenue of $10.7 billion in 2024. Truelink Capital is a private equity firm with a track record of investing in tech-enabled services.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.