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O2 Investment Partners has taken an investment position in BerlinRosen to power its next phase of growth.
Jonathan Rosen and Valerie Berlin will continue to helm the New York-based shop.
They said the partnership with O2 will fund opportunities for “organic and inorganic growth in new verticals, geographies and services to deliver greater impact at a greater scale for clients.”
Sean Darin of O2 credited BerlinRosen for “reinventing the agency model for the 21st century” due to its understanding of the rapidly changing issues that confront leaders, organizations and brands and its ability to anticipate cultural shifts.
BerlinRosen has more than 270 staffers. It counsels Samsung, UNICEF USA, Singapore Airlines, Color of Change, Cornell Tech, Brookfield and GLAAD.
O2 is based in Bloomfield Hills, MI. Its investment portfolio includes First Class Air Support, Packaging Concepts and Design, Frontier Dental Laboratories, Mantis Innovation Group, unWired Broadband, Greco Aluminum Railings and Alpha Precision Group.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
Omnicom CEO John Wren reports Q1 revenues from “core operations” rose 6.7 percent to $5.6B, driven in part by a 3.9 percent boost in organic growth.
