SKDKnickerbocker has acquired Sloane & Co. from MDC Partners in a deal that adds financial capability to its public affairs orientation.
Both entities are affiliated with Mark Penn’s Stagwell Group.
"The acquisition of Sloane and Co. presents a huge opportunity for SKDK and for our current and future clients," SKDK CEO Josh Isay told O'Dwyer's. "SKDK and Sloane are now uniquely positioned in the marketplace to provide corporate and financial PR, transaction support, and special situations and public affairs work at the highest level."
He added that "few, if any, firms can offer our comprehensive suite of services, from strategy and PR to award-winning digital and broadcast advertising to in-house research and executive media training and speech writing.”
Sloane Co-CEOs Darren Brandt and Whit Clay will remain in their posts and run the firm as an independent unit of SKDKnick that offers services in such areas as M&A support, shareholder activism and governance, regulatory issues, investor relations, restructurings and media campaigns.
SKDK's client base includes Fortune 500 companies, nonprofits, philanthropic organizations, labor unions, political action committees and candidates.
The firm has offices in New York, Albany, Washington and Los Angeles.