EX-99.2
7
a05-6093_1ex99d2.htm
EX-99.2
Exhibit
99.2
PRESS
RELEASE
FOR
IMMEDIATE RELEASE
FOR:
MDC
Partners Inc.
45
Hazelton Avenue
Toronto, Ontario M5R 2E3
CONTACTS:
Media
Investors and Analysts
Katie Kempner
Donna Granato
Tel:
305-646-7366
Director,
Finance & Investor Relations
kkempner@cpbgroup.com
Tel:
416-960-9000
dgranato@mdc-partners.com
TSX Stock Symbol:
MDZ.SV.A
NASDAQ Stock Symbol:
MDCA
Website:
www.mdc-partners.com
MDC
Partners Acquires Majority Stake In Zyman Group
Leading marketing communications company partners with one
of the fastest growing marketing strategy consulting firms
TORONTO, Ontario (April
1, 2005) - MDC Partners Inc., announced today that it has acquired a majority
stake in Zyman Group, LLC. Zyman Group,
a multi-national marketing strategy consulting firm, is based in Atlanta with
offices in Chicago and Mexico City. The
firm was founded by legendary marketer Sergio Zyman, the nation's first CMO at
The Coca-Cola Company. Mr. Zyman was
named by
Time
magazine as one of their top three
marketers of the 20
th
century.
Zyman Group works with
its clients to develop actionable business and marketing strategies designed to
accelerate profitable growth. Zyman
Group's client list includes some of the world's most well known companies. The
firm employs 129 people and generated revenues in 2004 of approximately $65
million. They were recently named by
Inc.
magazine as one of the nation's fastest-growing
companies.
"Every client in every
industry and every geography in the world is under
pressure to grow. The fundamental need
for marketing strategy and actionable plans to help clients grow is greater
than ever before", said Miles Nadal, Chairman and CEO, MDC Partners. "Zyman Group is a unique company because its
management team consists of some of the world's top marketing,
business and consulting talent who've helped build some of the world's leading
brands. They combine a practitioner
based business model with consulting sophistication, which is an extremely
powerful formula for clients. Zyman
Group is an outstanding addition to MDC Partners' strategic service offering
and will enable us to help clients grow in a more profitable way".
"After five years of significant growth, MDC Partners
provides the culture, resources and infrastructure that will allow Zyman Group
to continue leveraging its people and solutions to a broader base of clients in
more geographic regions", said Sergio Zyman. "MDC Partners will enable us to
accelerate our growth. They have
developed an outstanding reputation for enabling firms to capitalize on their
growth opportunities".
"The entrepreneurial culture of Zyman Group makes this
partnership a natural fit for MDC Partners", said Chuck Porter, Chief
Strategist of MDC Partners. "Zyman Group
is reinventing the business strategy and marketing consulting business, moving
from theory to potent and executable plans.
Their work gets used by their clients.
It doesn't collect dust in a binder on a shelf".
As part of the
transaction, MDC Partners will acquire 61.6% of Zyman Group for a combination
of cash and MDC Partners stock. Sergio
Zyman, who will remain Chairman and CEO, and the senior management team will continue to own the remaining 38.4% and
participate as partners in the ongoing growth and value creation of the firm.
Contemporaneously with
the transaction, MDC Partners amended its senior credit facility to, among
other changes, increase the amount of the facility to
$150 million. On closing, MDC Partners
will have approximately $110 million drawn under this facility.
MDC Partners will host a
conference call on Friday, April 1, 2005 to discuss this transaction. The conference call will begin at 2:00 p.m.
ETN and will be accessible by dialing 416-640-4127 or Toll Free 1-800-814-4861.
A slide presentation will be posted to the Company's website www.mdc-partners.com and will be referred to during the conference
call.
About MDC Partners
MDC Partners is a leading
provider of marketing communications services, and secure transaction products
and services, to clients in the United States, Canada, Australia and the United
Kingdom. Through its partnership of
entrepreneurial firms, its Marketing Communications Division provides
advertising and specialized communication services to leading brands. The Secure Products Division provides
security products and services in three primary areas including electronic
transaction products, secure ticketing products and stamps. MDC
Partners Class A shares are publicly traded on the Toronto Stock Exchange under
the symbol "MDZ.SV.A" and on the NASDAQ under the symbol "MDCA".
About Zyman Group
Zyman Group is a multi-national marketing strategy
consulting firm dedicated to helping companies accelerate growth
profitably. The firm delivers actionable
solutions that reflect the depth of its practical experience, scientific
approach, and provocative points of view.
These solutions are based on proprietary methodologies that incorporate
best practices from leading global companies.
Zyman Group was founded in 1999 by Sergio Zyman, former Chief Marketing
Officer at The Coca-Cola Company.
This press release contains forward-looking
statements within the meaning of section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks
and uncertainties which may cause the actual results or objectives to be
materially different from those expressed or implied by such forward-looking
statements. Such factors include, among
other things, the Company's financial performance; changes in the competitive
environment; adverse changes in the economy; ability to maintain long-term
relationships with customers; financing requirements; risks arising from
material weaknesses in internal control over financial reporting; and other
factors set forth in the Company's Form 40-F for its fiscal year ended December
31, 2003 and subsequent SEC filings.
2

EX - 99 . 2 7 a05 - 6093 _ 1ex99d2 . htm EX - 99 . 2 Exhibit 99 . 2 PRESS RELEASE FOR IMMEDIATE RELEASE FOR : MDC Partners Inc . 45 Hazelton Avenue Toronto , Ontario M5R 2E3 CONTACTS : Media Investors and Analysts Katie Kempner Donna Granato Tel : 305 - 646 - 7366 Director , Finance & Investor Relations kkempner@cpbgroup.com Tel : 416 - 960 - 9000 dgranato@mdc-partners.com TSX Stock Symbol : MDZ . SV . A NASDAQ Stock Symbol : MDCA Website : www.mdc-partners.com MDC Partners Acquires Majority Stake In Zyman Group Leading marketing communications company partners with one of the fastest growing marketing strategy consulting firms TORONTO , Ontario ( April 1 , 2005 ) - MDC Partners Inc . , announced today that it has acquired a majority stake in Zyman Group , LLC . Zyman Group , a multi - national marketing strategy consulting firm , is based in Atlanta with offices in Chicago and Mexico City . The firm was founded by legendary marketer Sergio Zyman , the nation 's first CMO at The Coca - Cola Company . Mr . Zyman was named by Time magazine as one of their top three marketers of the 20 th century . Zyman Group works with its clients to develop actionable business and marketing strategies designed to accelerate profitable growth . Zyman Group 's client list includes some of the world 's most well known companies . The firm employs 129 people and generated revenues in 2004 of approximately $ 65 million . They were recently named by Inc . magazine as one of the nation ' s fastest - growing companies . " Every client in every industry and every geography in the world is under pressure to grow . The fundamental need for marketing strategy and actionable plans to help clients grow is greater than ever before " , said Miles Nadal , Chairman and CEO , MDC Partners . " Zyman Group is a unique company because its management team consists of some of the world 's top marketing , business and consulting talent who ' ve helped build some of the world ' s leading brands . They combine a practitioner based business model with consulting sophistication , which is an extremely powerful formula for clients . Zyman Group is an outstanding addition to MDC Partners ' strategic service offering and will enable us to help clients grow in a more profitable way " . " After five years of significant growth , MDC Partners provides the culture , resources and infrastructure that will allow Zyman Group to continue leveraging its people and solutions to a broader base of clients in more geographic regions " , said Sergio Zyman . " MDC Partners will enable us to accelerate our growth . They have developed an outstanding reputation for enabling firms to capitalize on their growth opportunities " . " The entrepreneurial culture of Zyman Group makes this partnership a natural fit for MDC Partners " , said Chuck Porter , Chief Strategist of MDC Partners . " Zyman Group is reinventing the business strategy and marketing consulting business , moving from theory to potent and executable plans . Their work gets used by their clients . It does n ' t collect dust in a binder on a shelf " . As part of the transaction , MDC Partners will acquire 61 . 6 % of Zyman Group for a combination of cash and MDC Partners stock . Sergio Zyman , who will remain Chairman and CEO , and the senior management team will continue to own the remaining 38 . 4 % and participate as partners in the ongoing growth and value creation of the firm . Contemporaneously with the transaction , MDC Partners amended its senior credit facility to , among other changes , increase the amount of the facility to $ 150 million . On closing , MDC Partners will have approximately $ 110 million drawn under this facility . MDC Partners will host a conference call on Friday , April 1 , 2005 to discuss this transaction . The conference call will begin at 2 : 00 p.m. ETN and will be accessible by dialing 416 - 640 - 4127 or Toll Free 1 - 800 - 814 - 4861 . A slide presentation will be posted to the Company 's website www.mdc-partners.com and will be referred to during the conference call . About MDC Partners MDC Partners is a leading provider of marketing communications services , and secure transaction products and services , to clients in the United States , Canada , Australia and the United Kingdom . Through its partnership of entrepreneurial firms , its Marketing Communications Division provides advertising and specialized communication services to leading brands . The Secure Products Division provides security products and services in three primary areas including electronic transaction products , secure ticketing products and stamps . MDC Partners Class A shares are publicly traded on the Toronto Stock Exchange under the symbol " MDZ . SV . A " and on the NASDAQ under the symbol " MDCA " . About Zyman Group Zyman Group is a multi - national marketing strategy consulting firm dedicated to helping companies accelerate growth profitably . The firm delivers actionable solutions that reflect the depth of its practical experience , scientific approach , and provocative points of view . These solutions are based on proprietary methodologies that incorporate best practices from leading global companies . Zyman Group was founded in 1999 by Sergio Zyman , former Chief Marketing Officer at The Coca - Cola Company . This press release contains forward - looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 . Such forward - looking statements involve risks and uncertainties which may cause the actual results or objectives to be materially different from those expressed or implied by such forward - looking statements . Such factors include , among other things , the Company 's financial performance ; changes in the competitive environment ; adverse changes in the economy ; ability to maintain long - term relationships with customers ; financing requirements ; risks arising from material weaknesses in internal control over financial reporting ; and other factors set forth in the Company 's Form 40 - F for its fiscal year ended December 31 , 2003 and subsequent SEC filings . 2