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| Josh Kohnstamm |
Broadhead, which bills itself as the No. 1 independent marketing agency in Minnesota, has acquired Kohnstamm Communications, which reported $2.3M in 2018 fees to O’Dwyer’s rankings.
Headed by Josh Kohnstamm, the St. Paul-based shop is noted for its strength in the food & beverage PR category gained via work for clients such as Beech-Nut Nutrition, Edible Arrangements, Bushel Boy Farms, Blue Dog Bakery and Blossom Water.
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| Dean Broadhead |
KC also handled the launch of “better-for-you” brands including Noosa Yoghurt, Happy Baby, Honest Tea and Angie’s Boomchickapop.
Dean Broadhead, CEO, said KC is “an extraordinary addition to our farm-to-table practice” and praised its “leadership in consumer advocacy as second-to-none.”
Broadhead has more than 100 staffers, handling business from Cargill, Bridgestone Firestone, CMS Boehringer Ingelheim and The Mosaic Co.
PR merger and acquisition consultancy Gould+Partners introduced the parties and facilitated the transaction.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
