Sotheby’s buys prestigious art advisory firm in $85m deal

The Art Newspaper | Charlotte Burns:

Founders of Art Agency, Partners will head up new department, along with Marc Porter, former Americas chairman at Christie’s. In a bold move, Sotheby’s auction house has acquired the powerhouse advisory Art Agency, Partners. Founded less than two years ago by Amy Cappellazzo, the former chairwoman of Christie’s post-war and contemporary art department, and Allan Schwartzman, one of the world’s leading art advisers, the firm is renowned for having one of the best address books in the business… Read more 

Image: Amy Cappellazzo © Christies