Bureau Betak joins The Independents Group

September 9, 2021
Europa

The Independents Group is pleased to announce the acquisition of a majority stake of Bureau Betak, the internationally renowned events production agency established by Alexandre de Betak in 1990. The move brings together leading forces in luxury, consolidating The Independents Group and Bureau Betak into the largest communications, experience, influence and digital marketing agency within fashion and lifestyle globally.

The move cements The Independents Group and Bureau Betak’s status as industry trailblazers, collectively enabling an integrated approach to comprehensive client services. Under the umbrella, the group is a global leader in communications and digital marketing (Karla Otto/The Qode), experience and content (K2) and influence and data (Lefty). This strategic acquisition of Bureau Betak expands The Independents’ influence in these fast-moving industries.

To date, Bureau Betak, known for its innovation and creativity, has designed and produced over 1,500 world-class events, becoming the largest production agency in the world with offices in Paris, Shanghai, New York and Los Angeles. Its broad-ranging work spans high-end fashion shows, exhibitions and events across the realms of luxury, fashion, lifestyle and tech that seamlessly translate to the online realm.

Alexandre de Betak — together with his long-term collaborators (and now managing partners) Bénédicte Fournier Beckmann, Paco Raynal and Guillaume Troncy — will continue to lead Bureau Betak, with a focus on global acceleration within Asia and the Middle East where The Independents Group has a solid presence. Alexandre de Betak will also join the group’s board, offering his strong creative vision, network and resources across the agency collective globally. In his role, he will spearhead new creative ventures for the group, further deepening and driving its cutting-edge approach in this increasingly digitised luxury sphere.

Bureau Betak will bring its sustainability-led focus to the agency collective, implementing its best-practice insights across strategy, creative and production to ensure The Independents Group sets the benchmark as a leader in the field. Bureau Betak is the first luxury agency to receive the ISO 20121 certification for sustainable production practices.

The move will enable The Independents Group to be increasingly nimble and responsive to anticipating client needs across its 12 global offices. Bureau Betak, along with its distinct digital content arm Bureau Future, will further expand its reach across The Independents Group’s key territories. Both will continue to service their own clients as well as the needs of the group.

“This is a major milestone of the group’s development as a strategic and ROI-driven partner of our clients globally,” says Isabelle Chouvet, CEO of The Independents Group. “Alexandre de Betak understood earlier than most the importance of culture and content for brands. His vision will help push the ball even further, making us a highly relevant strategic communications partner and giving us the ability to advise clients on campaigns that build on their cultural DNA.“

Alexandre de Betak will bring his influence in the field of artistic talent, particularly across the realms of content creators and entertainment, to the group collective, enabling clients to seamlessly forge partnerships and collaborations that are authentic to the brand’s identity. Together, Bureau Betak and The Independents will offer a new strategic, ROI-focused content creator service to brands, with data-backed metrics provided by Lefty, the influencer marketing platform acquired by the group in March 2021. The group will continue to accelerate growth through new partnerships with support of partners Cathay Capital & Tikehau.

“The Independents is the ideal partner to move to the next stage of the development of Bureau Betak and Bureau Future, especially given its strong global and China positions,” says Alexandre de Betak. “Combining our creative resources and network with the reach of the Independents gives us a unique position to design and deliver bold, differentiating and iconic experiences. This is just the beginning. We are expecting to continue to bring new talents and expertise to the group”.

Edouard Moinet, co-founder and Managing Partner at Cathay Capital said: “Since Cathay’s initial investment in July 2017, The Independents Group has deployed an active buy-and-build strategy over the last 4 years reinforcing (i) international PR and brand strategy with Karla Otto, (ii) geographical expansion with Dubai-based independent fashion communication agency The Qode and (iii) influencer marketing SaaS based platform for leading lifestyle brands with Lefty. The move brings together leading forces in luxury, consolidating The Independents Group as the largest communications, experience, influence and digital marketing agency within fashion and lifestyle globally.“

The Independents Group portfolio now spans experience and content (Bureau Betak; K2), communications and digital marketing (Karla Otto; The Qode; Bureau Future), and influencer marketing (Lefty).

ABOUT CATHAY CAPITAL

Cathay Capital Group is a global investment firm supporting companies at all stages throughout North America, Asia, Europe and Africa. By helping navigate the opportunities of globalization and sustainable transformation, Cathay is the partner of choice for companies aspiring to lead markets and make a positive impact. Its global platform connects people – from investors and entrepreneurs to management teams and leading corporations – across continents to share knowledge, the tools to scale, and achieve the extraordinary. Founded in 2007 with a strong entrepreneurial heritage, Cathay Capital now manages over $4,2B in assets, has completed over 190 buyouts, growth and venture capital investments with the global reach and local expertise across Paris, London, Munich, New York, Boston, San Francisco, Shanghai, Beijing, Singapore and Shenzhen.
For more information, please visit www.cathaycapital.com
Follow us on LinkedIn, Twitter @CathayCapital

ABOUT THE INDEPENDENTS

The Independents is a global group of agencies for industry leaders across luxury and lifestyle, comprising Karla Otto, Bureau Betak, Bureau Future, K2, The Qode and Lefty. The agency collective is powerfully positioned to offer streamlined strategy, creative, talent, influencer marketing, experiences and communications services for leading brands across key territories.

ABOUT BUREAU BETAK

Founded in New York in 1990, Bureau Betak has designed and produced over 1,500 world-class events, becoming the largest global production agency in high-end fashion shows, exhibitions, and special events. Working with the most esteemed fashion brands in the world, Betak’s work is known for its ability to translate physical events into the online realm — digital marketing is provided by its distinct content arm, Bureau Future. The agency’s work collectively spans industries from fashion to tech, with offices in New York, Paris, Shanghai and Los Angeles.

ABOUT KARLA OTTO

Founded in 1982 by Karla Otto is a full-service brand-building agency specialising in fashion, design, beauty, lifestyle, arts and culture, operating from twelve cities around the globe.

ABOUT K2

Experiential agency K2 is the trusted partner for luxury, fashion, beauty and lifestyle brands, specializing in event concept, design and production with a unique craft in storytelling and interactivity – from fashion shows, exhibitions and conferences to popups, product launches and immersive brand experiences. Founded in 2002, the agency has developed leadership positions in Greater China, Japan and Korea.

ABOUT THE QODE

Luxury communications agency The Qode was founded in 2010 by Dipesh Depala and Ayman Fakoussa. Based in Dubai, the agency’s work spans the Middle East, North Africa and India.

ABOUT LEFTY

Lefty is an end-to-end influencer marketing platform supporting the world’s most innovative lifestyle brands to discover, manage, track their influencer relations and measure their impact.