Martz Agency Acquired By Entrepreneur
Financial Terms Not Revealed
Arizona-based distributor and marketing firm Martz Agency (asi/263240) has been acquired by MP Agency LLC, which is owned by Phoenix Valley entrepreneur and philanthropist Bob Parsons. Financial terms of the deal were not revealed, but the combined company will now be known as Martz Parsons and Martz Agency founder Carrie Martz will assume the title of CEO.
"I am thrilled that someone I consider to be a marketing genius has purchased the agency," said Carrie Martz. "This is a once in a lifetime opportunity for our agency and for our clients. With Bob Parsons behind us, I believe our agency will become even more valuable to the clients we serve."
Parsons currently has many Arizona entities under his ownership – including Harley-Davidson of Scottsdale, Go AZ Motorcycles, Spooky Fast Parts & Engineering, YAM Properties, The Bob & Renee Parsons Foundation and Scottsdale National Golf Club – and they will be using Martz Parsons as their agency of record for both marketing and promotional product purposes. Separately, Martz Agency's current client roster includes Yurbuds, Arizona Commerce Authority, Toronto-based Pacific Links International, Valley of the Sun YMCA, Fennemore Craig, RLC Labs, One Neck, Mirabel, The Reef Residences at Atlantis, Estrella by Newland Communities, and Olympia Group.