Announced
Financials
Tags
Majority
Management Consulting
Private
Germany
Acquisition
public relations consultancy
consulting services
Domestic
Single Bidder
Friendly
public relations
Pending
Private Equity
Synopsis
Waterland Private Equity-backed Team Farner, a pr advisory firm, agreed to acquire communications and pr agencies komm.passion and Kirchhoff Consult. Financial terms were not disclosed. "With Team Farner, we are establishing a completely new type of communications provider in Europe. Through the merger and the long-term partnership with successful partner-managed communication consultancies in the European core markets, we can offer our customers a completely new quality of advice - fully integrated in the range of services and with a clearly independent, entrepreneurial DNA. Therefore, we are thrilled to have won two national champions for our market entry in Germany with komm.passion and Kirchhoff Consult," Roman Geiser, Team Farner Executive Chairman.
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