 Jeff Lambert |
Grand Rapids-based Lambert, Edwards & Assocs. today announced the acquisition of financial PR powerhouse Owen Blicksilver PR to move into the New York market.
Blicksilver is noted for its private equity, M&A, real estate, crisis, bankruptcy, litigation support and B2B marketing savvy.
The deal creates an entity with 65 staffers and more than 150 clients. The new Lambert-Blicksilver New York office is located at 450 Seventh Avenue in Midtown.
Blicksilver retains its branding and now becomes a Lambert, Edwards & Associates company. Founder Owen Blicksilver has inked a multi-year contract and will serve as president of the Blicksilver unit.
“We’ve been fighting above our weight class for years as a Michigan-based investor relations and financial communications firm, and when the opportunity arose to add a great team and stellar client base in New York, the biggest media and capital markets city in the world, we jumped at it,” Lambert founder and CEO Jeffrey Lambert told O’Dwyer’s. “The combination of Blicksilver’s financial comms. and crisis depth with our full-service PR, IR and integrated marketing offering made this a perfect match, and we’re already integrating the new team, working together on clients, and thinking about our next acquisition in the next 12-18 months.”
LE&A reported $7.6M in total net fee income for 2017 and ranked as O’Dwyer’s No. 13 financial services firm with $2.6M.
The Stevens Group engineered the deal.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
