MDC Partners Inc. is an advertising and marketing holding company based in New York City.[2] MDC is structured as a partnership model, in which it initially acquires a majority stake in its partner agency, leaving a percentage of ownership with the founder. It has more than 50 partner firms worldwide. In August 2021, following the merger of The Stagwell Group with MDC Partners, Stagwell formed Stagwell Media Network, a group of multichannel agencies.
History
MDC Partners was founded as Multi Discipline Communications in 1980[3] in Toronto by Miles Nadal.[4][5] The company held an IPO on October 16, 1987.[6]
The company operated two divisions in the 1990s: Marketing and Communications and Secure Transaction Products, which included the production of checks, credit and debit cards, tickets, and stamps.