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| Terry Graunke |
APCO Worldwide has forged a strategic partnership with Erie Street, Chicago-based independent corporate advisory firm.
Erie Street, which changed its name from Erie Street Capital in January, develops go-to-market strategies paving the path to new products, pricing and brand narratives.
APCO has named Erie Street founder & CEO Terry Graunke lead director of its board of directors. He launched ESC in 2017 to "partner with high-growth companies in the business services sector."
Margery Kraus, APCO founder/executive chairman, expects Graunke will help "identify opportunities for acquisitions and continued growth in the advisory and communications market.”
APCO is O'Dwyer's No. 3 ranked firm in 2019 with $134M in fees.
WPP shares have been dropped from the London Stock Exchange’s prestigious FTSE 100 index as its stock market price has plunged by two-thirds this year.
Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M. 
