Finn Partners has acquired SPAG, an 85-member healthcare PR shop that has offices throughout Asia.
Aman Gupta, SPAG founder, joins Finn as managing partner and leader of the independent firm’s Asian healthcare practice.
He will work closely with Gil Bashe, chair-global health and purpose, and Fern Lazar, managing partner & global health practice lead.
Shivani Gupta, SPAG co-founder, becomes managing partner, culture & brand reputation for health Asia.
Noting that Asia accounts for 50 percent of the world’s population, Bashe said more and more life science innovators are looking to the continent for growth, while companies headquartered there are marshaling talent and financial resources to invest.
“SPAG and Finn share a mission to ensure that this innovation is available globally to as many people as possible to improve people’s health,” said Bashe.
He views SPAG as “an exceptional partner to achieve that market priority.”
SPAG’s offices are in Delhi, Mumbai, Bangalore, Indonesia, Malaysia, Singapore and the Philippines.
Peter Finn said SPAG shares his shop’s passion for client success. “SPAG and its community affirm the good sense of our acquisition strategy, which focuses first and foremost on partners with shared values and missions,” he said.
Finn Partners ranked No. 6 in O’Dwyer’s healthcare rankings with fees of $44.2M in 2021.
The SPAG deal puts Finn Partners’ healthcare fees in the $50M range.