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New Deal


Announced

Completed

WPP-backed Finsbury Glover Hering completed the merger with Golden Gate-backed Sard Verbinnen & Co in a £241m deal.

Financials

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Transaction Value£241m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

Majority

Single Bidder

United States

Friendly

public relations consultancy

Private

Management Consulting

Merger

Completed

Acquisition

Synopsis

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WPP-backed Finsbury Glover Hering, a global strategic communications advisory firm, completed the merger with Golden Gate-backed Sard Verbinnen & Co, a global transaction communications advisor, in a £241m deal. “This is a combination of two successful, growing firms with strong track records, complementary leadership positions, deep entrepreneurial spirits, cultures of collaboration and integrity and a heritage of delivering for our clients at their most high-pressure moments. Our success has been driven by our teams’ tireless commitment to supporting our clients and one another and upholding high standards of excellence in all that we do. We are particularly excited that the combination will enable us to provide additional professional development opportunities and establish a new generation of employee owners in the combined company," George Sard and Paul Verbinnen, SVC Co-Founders.

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