 |
| Kathy Bloomgarden |
Ruder Finn has acquired SPI Group, the Jersey-based shop that ranked No. 17 in O’Dwyer’s 2018 healthcare rankings with fees of $5M.
Launched in 1997, SPI provides internal communications services to clients such as Bayer, Novo Nordisk, Merck, Regeneron, Pfizer and Novartis.
RF CEO Kathy Bloomgarden considers employees the driving force behind productivity, growth and innovation in today’s fast-paced corporate world.
“Companies must no longer view their workforce as ‘employees’ but instead treat them as highly valuable customers,” said Bloomgarden. “SPI Group uses digital solutions to create experiences that not only engage and activate employees but build an authentic, transparent and highly motivated community.”
Steve Goodman launched SPI in 1997. The firm’s 30-members bolsters RF healthcare unit to about 250 staffers.
RF ranked as O’Dwyer’s No. 7 independent PR firm, registering overall fees of $69.1M during the past year.
Omnicom CEO John Wren reports Q1 revenues jumped 5.4 percent to $3.6M, powered by a solid 7.0 percent rise in its advertising & media segment.
Public Policy Holding Company registered 24.1 percent growth to a record $135M during the past year, which included the results of the March 1 acquisition of Multistate Assocs.
Stagwell CEO Mark Penn reported Q4 net revenues dipped 5.6 percent to $551.1M during a “challenging year for marketing services and digital transformation.”
Why M&A activity in the PR and marketing sector could pick up in 2024.
WPP reported Q4 revenues inched ahead 0.3 percent to $4.1B as CEO Mark Read wrapped up a year that he said was more challenging than expected due to cutbacks, mainly by technology clients.
Have a comment? Send it to 
No comments have been submitted for this story yet.