Gyro (formerly GyroHSR) is a global integrated marketing network working primarily in the B2B sector. It offers a broad range of services including traditional advertising, digital and direct marketing, sponsorship, events and sales promotion, PR and design and branding. It was named Agency of the Year in both 2014 and 2015 by the International Business Marketing Association; and as AdAge's B2B Agency of the year for 2015. The business was acquired by Dentsu Aegis Network in July 2016 for an undisclosed sum. At the time of its purchase, Gyro had six offices across the US, as well as outposts in six European markets and the Middle East. More recently it has expanded into several other markets by absorbing local outposts of Dentsu Aegis's Interprise unit. The business was formed in 2009 from the absorption of European network Gyro by US-based HSR, becoming GyroHSR until a rebranding in 2011. At the same time, several separately branded subsidiary units, such as Bluhalo in the UK, were absorbed into the main agency. French agency Ailleurs Exactement was acquired in 2014. Although actually a UK company, Gyro's effective HQ is now in New York. Until its sale the group was owned by private equity firm Pegasus Capital. Christoph Becker is CEO & chief creative officer. Advertising Age estimated global revenues for Gyro of $171m in 2015. However UK & European trading arm Gyro Communications reported revenues of just £15m in 2014. Adbrands does not currently offer a business profile for this company but subscribers may access account assignments and contact information. The searchable account assignments database is available to full subscribers to Adbrands.net premium services. Click here to access Adbrands account assignments (subscribers only); or see here for information on how to subscribe.
Capsule checked 20th February 2017
Adbrands Weekly Update 28th Jul 2016: Another independent bites the dust. Dentsu Aegis Network announced the acquisition of global B2B network Gyro for an undisclosed sum. The group had been jointly owned by private equity investors and management. CEO & CCO Christoph Becker will remain at the helm of an expanded network, which will absorb DAN's existing Interprise business. The latter's Stuart Giddings becomes global president, reporting to Becker. Gyro will also expand its presence into Latin America and Asia via DAN's other units in those regions, including Carat, iProspect and of course Dentsu itself. "We currently partner with independent partners [for media] and that is not ideal," said Becker. "This gives us a media powerhouse and propels our offering."
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