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Omnicom's PR unit showed a healthy 16 percent surge in Q2 revenues to $346M.
The unit, which includes such firms as FleishmanHillard, Porter Novelli, Ketchum, Mercury, Cone, Portland and Marina Maher, accounted for 9.7 percent of Omnicom’s total revenue of $3.6B for the quarter.
That overall number represents a 27.5 percent jump from the $2.8B in revenues the company recorded in the same period last year.
For the first half, the PR unit registered a 5.3 percent hike in revenues.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
