Published on: September 9, 2026
M+C Saatchi Group’s proposed management buyout of its Australia and New Zealand operations will not proceed, bringing an end to a deal that was announced in July and was expected to give the region’s leadership team greater independence in running the business.
The proposed transaction was to be led by M+C Saatchi ANZ CEO Dani Bassil and the agency’s senior leadership team, with growth investment firm Parc backing the buyout. The deal was expected to be completed on October 1, 2026.
In a statement, Parc confirmed that the proposed transaction would not proceed.
“Following a period of due diligence, the proposed management buyout of M+C Saatchi Group Australia and New Zealand, which was to be backed by growth investment firm, Parc, will not proceed.”
Adam Pozniak, co-founder of Parc, said:
“While we are disappointed the proposed transaction will not proceed, we respect the outcome of the due diligence process.
“Parc remains committed to identifying and supporting independent, entrepreneur-led agency businesses in Australia and New Zealand. We will continue to explore investment opportunities aligned with our vision of building a modern, independent business across the region that meets marketers’ needs today and into the future.”
Parc said it would not comment further on the proposed M+C Saatchi Group transaction.
The proposed buyout had been positioned as a new chapter for M+C Saatchi’s ANZ operations, with the local leadership team set to have greater decision-making autonomy and invest in areas including talent, customer experience, connected communications, artificial intelligence and automation.
