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| Lex Suvanto |
Edelman has launched Edelman Smithfield as a global financial communications platform under CEO Lex Suvanto.
The firm combines Edelman’s financial offerings with the Smithfield UK shop that it acquired in 2015.
Edelman Smithfield will counsel boards of directors and CEOs on high-impact strategic situations, such as mergers/acquisitions, IPOs, bankruptcies, restructurings, litigation, activism, regulatory matters and ESG issues.
It will also hammer out communications strategies for banks, investment houses, hedge funds, fintech companies, insurers and private equity funds to build trust and strengthen reputations.
Edelman Smithfield has teams in 25 cities in 15 countries.
Richard Edelman sees tremendous opportunity ahead and promises to continue to invest in Edelman Smithfield to ensure the team is well-placed to define the next generation of financial communications.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
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.
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