InnerWorkings Acquired by HH Global Group
HH Global Group announced the completion of the acqusition of InnerWorkings on October 1st 2020. The combined organisation will be lead by the CEO of HH Global, Robert Macmillan together with experienced team members from both companies.
The transaction was originally announced in July of 2020 before reciving stockholders approval later in September. According to the companies, HH Global will acquire InnerWorkings for $3 in cash per share, approx. $177million in equity value. The transaction was unanimously approved by both board of directors.
Chairman and CEO of HH Global said that the acqusition of InnerWorkings "accelarates our ability to execute on the next phase of our strategy by broadening our sevice offering and expanding our global reach... We are confident that together we will create an even stronger company."
About HH Global
HH Global is the first-choice partner in outsourced marketing execution for leading brands Applying proven processes, industry-leading technology, and the deep expertise of over 1,300+ employees, we develop innovative solutions that drive down the cost of our clients’ physical marketing procurement and content development, while improving quality, sustainability, and speed to market.
About InnerWorkings, Inc.
InnerWorkings, Inc. is the largest 16th largest distributor by revenue in the North American Promotional Products Industry. We dive deep into clients’ brand strategies to deliver solutions that leverage our global expertise, certified supplier base, proven methods, and proprietary technology. By engineering marketing across key touch points in the customer journey, we power campaigns that drive value, enhance awareness and inspire action. With services that include creative, print, direct mail, branded merchandise, luxury packaging, retail environments, and digital solutions, we’re elevating beyond execution to shape brand experience.
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