Stream Companies, an integrated traditional and digital marketing agency in Tier 3 automotive, recently acquired WorldDealer, another integrated advertising agency and automotive website company.
With the acquisition, Stream explained that it adds a number of key agency accounts and more than 100 websites to FullThrottle, its performance website platform specifically made for dealers. Paul Accinno, founder of WorldDealer, will assume the role of executive vice president of dealer development and continue to work alongside clients helping them grow their business through integrated marketing and advertising.
“We knew right off the bat that this partnership would work based off of our similar visions and goals to bring an integrated advertising approach to dealerships across the nation,” Accinno said.
Stream co-founder David Regn emphasized the firm is looking to set itself apart from other agencies with its results-driven philosophy to generate and retain auto dealers to increase sales and profitability. Now with the WorldDealer team on board, Regn explained these thought leaders will continue to exceed their clients’ expectations on a larger scale.
“We are very excited to add the WorldDealer team and all their clients to the Stream Companies umbrella,” Regn said.
WorldDealer will continue to operate out of the Pittsburgh office with plans to expand its footprint in the Midwest, according to a news release.