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Edelman (+18.6 percent to $100.8M), ICR Inc. (+60.7 percent to $97.8M) and Prosek Partners (+29.9 percent to $70M) topped O’Dwyer’s 2022 ranking of financial PR firms.
Two firms debuted on the Top Ten list.
Taylor, which did not submit fee income information in 2020, took the No. 6 slot with revenues of $12.3M.
5WPR moved up two notches to the No. 9 slot with fee income of $8.8M, up 76 percent.
Lambert, which ranked No. 10 slot in 2020, did not provide 2021 financial numbers.
MikeWorldWide, No. 13 in 2021, reported a 792.3 percent increase in revenues to $6.4M due to an accounting change that shifted former professional services fees into the financial PR category.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
Kekst CNC represents Grant Thornton as it sells a majority stake in its US arm to New Mountain Capital, which relies on Goldin Solutions, in what is billed as the largest PE investment in the accounting and advisory sector.
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