 |
| Declan Kelly |
Teneo has acquired Bridge PR strategic communications and content creation shop based in Ireland's County Clare.
Founded in 2011 by Eugene Hogan, ex-journalist who was regional director of FTI Consulting, Bridge PR represents clients such as Shannon Airport, Hotel Doolin, Clean Ireland Recyling, Bothár and Element 6.
Hogan said the opportunity to link with Teneo will enable Bridge PR to scale its operations and deepen resources for its client base.
Irishman and Teneo CEO Declan Kelly noted that Ireland is an important market for many of the world’s leading companies.
With the exit of the UK from the European Union, Ireland is a natural fit for the regional headquarters of US companies eager to do business on the Continent.
Kelly was US CEO of Financial Dynamics and executive VP at FTI Consulting before co-founding Teneo, which bills itself as a global advisory for CEOs, in 2011.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
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.
