Clio Awards Acquired by Global Investment Firm Evolution Media

Organization looks to expand its offerings


The Clio Awards, a 58-year-old mainstay of the ad industry awards circuit, announced today that it has been acquired by investment company Evolution Media. The financial details of the deal were not disclosed.

The Clio company’s primary offering, its annual show honoring the best in creative advertising around the world, will continue to operate as it has since its founding in 1959 with no significant leadership or structural changes.

“Evolution Media is focused on identifying and partnering with companies that are at the intersection of media, technology and entertainment,” said Rick Hess and Bob Stanley, co-managing partners of Evolution Media, in a statement.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in