Teneo has acquired UK-based PR firms Blue Rubicon and StockWell to bolster the firm's existing operations in the country and reach throughout Europe.
Teneo CEO Declan Kelly called the deals a "transformational moment" for the firm, which now claims one of the largest strategic communications practices in Europe.
Fifteen-year-old Blue Rubicon counts 225 staffers in London, Doha, Dubai and Singapore, and a client base spanning blue chips like McDonald's, O2, Facebook and Lloyds Banking Group.
Stockwell, founded in 2010 with a corporate PR focus, has a staff of 30. Clients have included Alcatel Lucent, Nissan, Banca Intesa and Jaguar Land Rover. The firm was started by Brunswick alum Tim Burt and Philip Gawith of the Financial Times, both of whom join former FTSE head of communications Richard Holloway as managing partners.
Teneo International chariman Charles Watson will oversee the new additions, which will be integrated and co-located in London with Teneo.
DJE Holdings, parent of Edelman and Zeno, launches RUTH as an independent shop named after Ruth Edelman, mental health advocate, wife and longtime business partner of Dan Edelman.
New York City PR firms make up the largest slice of O'Dwyer's 147 firm overall ranking with 33 of 40 in the New York/New Jersey area either calling Manhattan their home or having a presence there.
Subject Matter+Kivvit, which joined forces in May, has rebranded as Avoq, an integrated shop with more than 200 professionals in Washington, New York, Asbury Park (NJ), Miami and Chicago.
While PR pros stationed at in-house comms. teams and those working for agencies share many of the same objectives, they also have markedly different top priorities, according to a recent report.
Edelman is cutting 240 employees or about four percent of its workforce to cope with the cooling down of the PR sector, according to a memo from CEO Richard Edelman.
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