New York City-based interactive marketing and design agency Special Ops Media (SOM) has been sold to European digital agency holding firm LBI.
SOM was founded in 2002 by Jason Klein and Christian Anthony, and has done campaigns for clients such as Coca-Cola, MTV, NBC Universal (NYSE: GE), AMC, The Sundance Channel, Lionsgate Entertainment, Paramount, Universal Music Group, and others.
LBi has offices in Amsterdam, Atlanta, Berlin, London, Mumbai, New York, Paris and Stockholm, and is traded on Euronext in Amsterdam and as a Mid Cap company on the OMX Nordic Exchange in Stockholm. It had 2007 sales of about Euro 160 million. DeSilva and Phillips were the bankers on Special ops' side (Disclaimer: our sponsor)
By Rafat Ali