M&C Saatchi has acquired a minority stake in INSPI(RED), an advertising agency based in Istanbul, Turkey, and formed a new agency: M&C Saatchi Istanbul.
The team leading M&C Saatchi Istanbul will be: Alp Üstüngör, Agency Head and Founding Partner, Arzu Sami, Group Director, Tolga Üstüngör, Creative Director, and Kanıt Erdogan and Ismail Erüstün, Art Directors.
The new agency will continue to work with INSPI(RED)’s established roster of global clients, including Vodafone and HP, as well as local clients such as Kahve Diyarı, Forum Ístanbul and Ístanbul Büyüksehir Belediye.
Moray MacLennan, Worldwide CEO at M&C Saatchi, said: “Our strategy is to be in key strategic locations with like minded people. The Turkish market is increasingly important to multi-national clients and with Alp we have not only a creative entrepreneur of the highest quality, but someone who believes in making an impact on the world.”
Alp Üstüngör at M&C Saatchi Istanbul, added: “We believe that this partnership will take us to a unique environment where we will not lose the values that made us, but instead grow, especially in digital and mobile.”
With such a young and tech-conscious population, Turkey has been moving in the direction of a start-up hub for years, with innovative technology and unique ideas emerging in Istanbul before anywhere else in the world.
These trends have been recognised by international capital firms, who have taken a strong interest in Turkey’s start-up scene, specifically identifying the massive opportunity of mobile within the country, propelling technology and innovation into becoming some of the leading industries in Turkey.
With existing offices in Beirut and Abu Dhabi, the opening of M&C Saatchi Istanbul will further bolster the global network’s portfolio in the region. The launch of M&C Saatchi Istanbul follows M&C Saatchi’s other 2015 investments in Ben-Natan Golan, Tel Aviv, and Santa Clara, São Paulo.view more - Hires, Wins & Business