Ropes & Gray Advised CIVC Partners in Sale of Digital Marketing Firm 829 Studios

Ropes & Gray represented CIVC Partners in the sale of portfolio company 829 Studios to AEA Elevate. The transaction was announced on Jan. 28 in a press release. Terms of the transaction were not disclosed.

829 Studios is an integrated, technology‑enabled digital marketing firm that seeks to deliver measurable, ROI‑driven outcomes across performance marketing, brand and digital experience, earned and owned media, and strategic communications. 829 serves as a trusted, strategic partner to a diverse and growing client base, including Fortune 500 companies and global brands across retail, finance, e-commerce, artificial intelligence, enterprise software, professional services, and more.

CIVC Partners is a Chicago-based private equity firm investing in high growth middle market companies in the business services sector. Since 1989, the team has invested almost $2.9 billion in 88 platform companies.

AEA Elevate is AEA Investors' growth buyout investment strategy focused on professional services companies across the business services, health care services, and software sectors.

The team included private equity partner Matt Richards and associate Olivia Volpe, finance partner Jeffrey Lang, tax partner Aaron Harsh, executive compensation & employee benefits partner Matt Jones, employment partner Megan Bisk and counsel Sean Smith, IP transactions partner Erica Han and counsel Christopher Han, private equity partner Deidre Johnson and counsel Derek Yee, and data, privacy & cybersecurity partner Fran Faircloth.