NEWS5 September 2014

JWT acquires majority stake in Brazilian digital agency

M&A North America

BRAZIL — JWT has acquired a majority stake in Try, a Brazilian user experience agency.

Try, which designs and develops custom web, mobile, desktop and touch-enabled applications, was founded in 2003 and is based in São Paulo. Its clients include Itaú Bank, Porto Seguro, Electrolux, Havaianas and Kate Spade.

Try’s unaudited revenues for the year ended December 2013 were approximately R$2.5 million. The terms of the deal have not been disclosed.