Chicago-based ad agency Schafer Condon Carter (SCC) is acquiring TimeZoneOne (TZO), a PR and digital agency.
Along with these two verticals, TZO (also based in Chicago) offers website design and development, creative, travel trade marketing, video production, and social media strategy.
The firm serves as the PR and digital agency of record for the Illinois Office of Tourism. Other notable U.S. clients include the State of Illinois, Navy
Pier and the Magnificent Mile Association.
Under the deal, SCC owns 100% of the company but TZO will continue operating independently under its own name with Daniel Thomas remaining at the helm as president.
In addition to TZO’s Chicago headquarters, the 43-person company will continue to have offices in New Zealand and Canada.
"The addition of TZO’s people, capabilities and global perspective immediately makes SCC a better partner for our clients," stated Richard McDonald, CEO, SCC. "This creates synergies across capabilities and clients as well as leverages complementary strengths between the two agencies."