Top 10 independent firm Lewis PR has acquired Hong Kong-based EBA Communications, a 50-staffer tech-savvy firm with four China offices and clients like Honeywell, Siemens, Infineon and New South Wales Tourism.
|Lewis PR CEO Chris Lewis, EBA MD Claudia Choi, EBA founder Euan Barty and Lewis SVP Andy Oliver.
Terms of the deal were not disclosed, but Lewis, which did $44.8M in revenue last year, said it expects to reach $65M this year after the acquisition. Lewis will merge its Hong Kong office with EBA, but EBA's outposts in Beijing, Shanghai and Guangzhou will continue under the EBA Communications banner with the tag "a Lewis company."
Lewis Asia-Pacific senior VP Andy Oliver said EBA has a strong client base with several Fortune 500 companies, adding that the deal offers an "alignment of independence, culture, enthusiasm, creativity and career opportunities." The firm has not had an office in mainland China since the mid-2000s.
Euan Barty, a former tech journalist who takes an advisory role with Lewis after the deal, founded EBA in 1987. The firm grew from a tech base to serve clients in tourism, consumer products, professional services and aviation, among other sectors.
EBA managing director Claudia Choi will serve as VP for greater China at Lewis.