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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 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.
