 Richard Eyre |
Next Fifteen Communications Group enjoyed 15 percent revenue growth to $275M for the fiscal year ended Jan. 31, 2018. Organic growth rose 5.2 percent.
Pretax profit advanced 21 percent to $41M for the UK-based parent of Text100, MBooth, Bite, Outcast Agency and TheBlueShirtGroup.
The US generated 59 percent of Next 15 revenues and more than 75 percent of overall operating profit.
“Next 15 continues to develop its services against our template of creativity, data and technology, ensuring the group’s capability to develop with the extraordinary pace of technology in our sector,” said a statement from Next 15 chairman Richard Eyre.
Eyre expects a strong performance ahead as organic growth, which picked up during the second half of the just-completed fiscal year, continued into February and March in the high single-digit range.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
