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Company continues its strategy of snagging entrepreneurial shops
MDC Partners, which last week bought a 60 percent stake in Kirshenbaum Bond & Partners and is still in talks with Cliff Freeman and Partners, is also considering startups as a way build its portfolio, said Chuck Porter, who scouts acquisitions for the Toronto-based holding company.
“There are a lot of smart, talented people not happy where they are [who] are looking for a partner—looking to start something new,” said Porter, who along with his partners sold 49 percent of his Miami agency, Crispin Porter + Bogusky, to MDC in 2001.
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