Merger Links

Omnicom completed the acquisition of PLUS Communications and FP1 Strategies.

Announced

Transaction Tags

  • United States
  • Management Consulting
  • public relations
  • Single Bidder
  • Acquisition
  • Majority
  • Private
  • Domestic
  • Friendly
  • Completed

Synopsis

Omnicom, a marketing communications company, completed the acquisition of public affairs firm PLUS Communications and political consultancy FP1 Strategies. Financial terms were not disclosed. "With our current roster of public affairs and political consulting firms including DDC, GMMB, Mercury, Portland, and Vox, OPRG is already a powerful partner to our clients and a force in the industry. With the addition of PLUS Communications and FP1 Strategies and their deep expertise in healthcare, technology and crisis communications, our ability to serve our clients on the global public affairs stage is now at a whole new level," Chris Foster, Omnicom CEO.

Sources

Press Release

Omnicom

Transaction Value

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Consideration Type

Cash

Capital Owned

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Capital bid for

100%

EV/Sales

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EV/EBITDA

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Share Price Premium

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