Interpublic Group Announces Sale of R/GA to Truelink Capital

Core Insights - Interpublic Group has sold R/GA, a creative innovation company, to Truelink Capital, a private equity firm specializing in tech-enabled services [1] - The financial terms of the transaction were not disclosed [1] - Philippe Krakowsky, CEO of Interpublic Group, stated that this strategic move allows the company to sharpen its focus on core strategic offerings [2] Company Overview - Interpublic Group (NYSE: IPG) is a values-based, data-fueled, and creatively-driven provider of marketing solutions [2] - The company reported total revenue of $10.7 billion in 2024 [2] - IPG's global brands include well-known communications specialists such as McCann, FCB, and Weber Shandwick, among others [2]