Commentary

Another Sorrell Makes His Mark In The M&A Sector

Martin Sorrell former WPP CEO who now runs S4 Capital, isn’t the only over-achiever in the family.

Sorrell’s son Mark just got a big new job at Goldman Sachs, having been appointed co-head of the financial giant’s global M&A practice, along with Stephan Feldgoise.

The elder Sorrell knows a thing or two about M&A deals, having built WPP into the largest holding company deal by deal, including acquisitions of big ad agencies such as J. Walter Thompson, Y&R, Ogilvy and Grey. WPP’s annual M&A budget for decades averaged several hundred million.

Sorrell hopes to do something similar at S4.

Mark Sorrell previously led Goldman’s M&A practice in Europe, the Middle East and Africa. He will continue as co-head of the firm’s U.K. investment banking business and become a member of the division’s executive committee.

 

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