Stagwell to Acquire QStrauss Consulting to Expand Adobe Implementation Capabilities

Stagwell··Read original
2▲2 ▼0Impact / 5
Summary · why it matters

Stagwell has entered into an agreement to acquire QStrauss Consulting, a Colombia-based Adobe implementation and consulting firm. QStrauss will join Stagwell's Code and Theory Network, expanding its global footprint and deepening its bench of Adobe experts. The firm serves major brands including Walmart, BBVA, Santander, Grupo Salinas, OXXO, and Bimbo. This acquisition reinforces Code and Theory's relationship with Adobe, following a recent three-year co-development agreement to build industry-specific solutions. Code and Theory debuted the first solution, the Creative Intelligence System, at Adobe Summit earlier this year.

Impact on assets 6

Financials▲
Consumer Staples▲
Communication Services▲
Stagwell Inc
STGW
▲ PositiveCapitalrelevance

Stagwell acquires QStrauss Consulting to expand its Adobe implementation capabilities, strengthening its service offerings.

Artificial Intelligence▲
Adobe Inc.
ADBE
▲ PositiveDemandrelevance

Acquisition expands Adobe's implementation partner network, potentially increasing demand for Adobe's products.

Off-coverage companies 3

Grupo Bimboi
Private± Mixedrelevance

Grupo Salinasi
Private± Mixedrelevance

QStrauss Consultingi
Private± Mixedrelevance