Here’s the cycle. Young PR agency account executives aspire to greater things. Since the cream always rises to the top, many account executives will go on to become senior managers of their agencies. They may move around a bit to other agencies aspiring to ever broader responsibilities, job titles and…
SURVEY FINDS THAT ALMOST ALL INDEPENDENT PR AGENCY OWNERS PLAN TO SELL THEIR FIRMS Ninety-two per cent of independent PR agency owners plan to sell their firm at some point, and of the 92%, almost half plan to sell within the next 5 years, according to an industry wide survey…
Let’s say you’re in the market for a new home. What do you do? You hire a broker to determine the current marketplace. You give the broker information such as where you’d like to live, what type of house you want, what amenities need to be within driving distance and…
The Nashville-based communications firms of DVL Public Relations & Advertising and Seigenthaler Public Relations, Inc. will merge and be acquired by global agency, Finn Partners. SGP Worldwide introduced Finn Partners and Seigenthaler PR to each other and then over time facilitated the transaction in which Finn Partners acquired both Seigenthaler…
As published in PRSA Public Relations Tactics By Art Stevens, APR, Fellow PRSA The most successful acquisition transactions that I’ve been involved with put a spring in the step of the principals of the PR agencies who have sold to larger buyers. It has less to do with extra money…
THE STEVENS GROUP AND UK BASED M&A ADVISORY FORM AFFILIATE WORKING RELATIONSHIP THE STEVENS GROUP, a U.S. based mergers and acquisitions consultancy in the public relations and marketing communications industries, has announced that it has completed an agreement with UK based M&A Advisory to provide mutual clients with full international…
By Greg Hazley Financial communications vet Phil Nourie has opened a new shop, NouriePR+, centered on B2B marketing communications and strategic counseling as he looks to widen the scope of PR counsel beyond traditional media relations and “upend” the PR agency model. Nourie said he’s serving middle market and well-funded start-up…
Combination Brings EMA to New York City SYRACUSE, N.Y. – Eric Mower + Associates, one of the largest U.S. independent marketing agencies, is combining with Middleton & Gendron, a public relations and brand communications agency in New York City. The parties were introduced by SGP Worldwide. This combination continues EMA’s growth…
ART STEVENS ANNOUNCES FORMATION OF THE STEVENS GROUP Art Stevens, co-managing partner of SGP Worldwide (StevensGouldPincus) has announced the formation of The Stevens Group. Serving as its founder and managing partner, Stevens will provide such services to PR agencies and organizations as mergers and acquisitions facilitation, consulting, personal asset management,…
In Spring 2008, Art Stevens, an alumnus of CCNY, created the Art Stevens CCNY PRSA-NY Scholarship, a $5,000 award to be given annually in the Spring for an outstanding Ad/PR student. This scholarship is awarded each year at the Communications Alumni Dinner. Click here learn more about CCNY and their…
