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| Gregory Matusky |
Copley Equity Partners has taken a minority stake in Gregory FCA, the suburban Philadelphia-based firm that chalked up $9.9M in fees in O’Dwyer’s 2018 rankings.
Founder Gregory Matusky and president Joseph Anthony remain majority owners in the firm focused on the financial services, real estate, cybersecurity, fintech, healthcare and esports sectors.
The firm has worked for PennMutual, FedEx, Brandywine Global, Kenna Security, SAP, Unisys and M&T Bank, United Capital and Mitsubishi Electric,
The Copley investment will help 30-year-old Gregory FCA invest in talent, expand its offerings, better support its client base and more deeply penetrate the verticals that it serves, according to Matusksy.
Peter Trovato, managing director at Boston's CEP, sees an opportunity to expand Gregory FCA’s platform.
“As media and communications have changed dramatically, Gregory FCA has continually reinvented itself to lead its clients’ communications into the digital age,” he said in a statement. “ Gregory FCA fits well with our philosophy of partnering with strong teams that are building leading companies via a tech-enabled service offering.”
Gregory FCA ranked No. 6 in O’Dwyer’s financial rankings with fees of $6M.
WPP reported a 5.5 percent decline in Q1 PR revenues to $292M as its BCW and Hill & Knowlton units suffered the loss of Pfizer assignments, and cutbacks in client spending due to the economic uncertainty.
Interpublic CEO Philippe Krakowsky said the firm is off to a “solid start to the year” as its flat $2.2B net revenues are in line with 2024 financial targets.
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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.
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