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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 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.
Why financial planning always plays a crucial role in every PR firm’s success.
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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