Chicago Based Acquity Group Files for $55M IPO

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Published on Mar. 16, 2012

 

Digital marketing firm Acquity Group filed for a $55mm IPO last Thursday. According to SEC filings, their revenue has more than doubled in the last two years, going from $51 million in 2009 to $106.7 million in 2011. Almost 50% of their revenue comes from the retail sector.

 

They plan on expanding their business by growing in emerging markets with an emphasis on China. They want to "transform top Chinese brands into global brands" and "introduce global brands into China."

 

Acquity Group was founded in 2001 and is headquartered in Chicago. They have 9 other offices around the US as well as Beijing and Shanghai, China.

 

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