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What is a holdco?

A holding company (“holdco”) that owns multiple advertising and marketing agencies — WPP, Dentsu, Havas, Publicis, and Omnicom/IPG are the largest, known as the Big Six.

Does bundling agency services with a holdco actually save money?

Not necessarily. Each sub-agency inside a bundled deal still has to hit its own margin target, and duplicate capabilities and overlapping technology often raise the effective cost.

Which holding companies does Luzae Advisors have expertise with?

WPP, Dentsu, Havas, Publicis, and Omnicom/IPG, along with their sub-agency networks.


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