Llorente & Cuenca, S.A. acquired 80% stake in Bam for $10.6 million on March 30, 2023. The initial valuation of BAM is $13.2 million. The initial price may be adjusted on the basis of the performance from 2022 to 2025. The total price is to be paid in cash. Bamberger will continue to hold a stake in the company and lead BAM's operations. As part of LLYC, BAM will continue to operate under its own brand. BAM team joins LLYC. Rebecca Bamberger, Chief Executive Officer of BAM Joins LLYC. LLYC was advised by a team at Greenberg Traurig, P.A. led by Antonio Peña and Henry Roque. BAM was advised by Agency Futures led by Doug Baxter.

Llorente & Cuenca, S.A. completed the acquisition of 80% stake in Bam on March 30, 2023.