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Two well-known Portland, Ore., agencies are becoming one. Karakas VanSickle Ouellette Advertising & Public Relations (KVO) has agreed to purchase AKA Inc. Advertising & Sass. Terms of the sale, expected to be completed by Sept. 1, were undisclosed.
The purchase of AKA, an award-winning creative boutique with roughly $5 million in billings, signifies a commitment by KVO to extend beyond its high-tech roots, agency executives said. Billings for KVO, which claims to be the second-largest shop in the market, are now around $75 million.
“We’re seeing a blending of consumer and technology accounts,” said KVO principal Steve Karakas.
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