APCO Worldwide has acquired London-based boutique consultancy firm TWC Associates.
|Lord Stuart Polak|
Financial terms of the acquisition weren’t publicly disclosed.
Founded in 2008, TWC specializes in developing political and business strategies for corporate and non-corporate clients.
TWC chairman Lord Stuart Polak, a British Conservative politician and member of the House of Lords who served as director of the Conservative Friends of Israel for 26 years, will join the Washington, D.C.-based firm’s International Advisory Council as a senior counsellor.
TWC partner Greg Weingarten, who formerly served as a Parliamentary affairs adviser at the Association of British Insurers and also spent two years in Brussels as political counsellor to the UK Conservative Party in the European Parliament, will join APCO Worldwide as senior director.
In light of the acquisition, the TWC name will no longer be used.
APCO Worldwide CEO Brad Staples told O’Dywer’s that the acquisition will bolster the independent firm’s high-tech advisory expertise and will better serve clients entering complex international markets.
“APCO Worldwide’s technology portfolio is one of the fastest-growing parts of our global business, with clients looking to navigate an increasingly disruptive business environment,” Staples said. “APCO’s acquisition of TWC strengthens our UK position, and our global technology offering, by adding greater expertise in the fast-growing advanced technology, AI, and IOT spaces.”