Posts Tagged ‘Miles Nadal’
This story is posted to the Holmes Report here
After almost two years in the doldrums, PR agencies are aggressively eyeing acquisition opportunities in North America and beyond.
That is the message from one of the PR world’s leading M&A consultants. Rick Gould, managing partner at StevensGouldPincus, told the Holmes Report that he currently has 32 agencies looking to buy, compared to 21 that are up for sale. Read the rest of this entry »
This story is also posted to the Holmes Report website here
Miles Nadal, chairman and CEO of MDC Partners, has revealed that PR and social media agencies top the North American holding group’s list of potential acquisition targets.
Nadal spoke to the Holmes Report in Cannes, where he also said that the company currently possesses $200 million in excess capital. MDC Partners already owns a string of US PR agencies, including Allison & Partners, Sloane & Company, Attention and HL Group. Read the rest of this entry »