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| Declan Kelly |
Teneo has acquired Bridge PR strategic communications and content creation shop based in Ireland's County Clare.
Founded in 2011 by Eugene Hogan, ex-journalist who was regional director of FTI Consulting, Bridge PR represents clients such as Shannon Airport, Hotel Doolin, Clean Ireland Recyling, Bothár and Element 6.
Hogan said the opportunity to link with Teneo will enable Bridge PR to scale its operations and deepen resources for its client base.
Irishman and Teneo CEO Declan Kelly noted that Ireland is an important market for many of the world’s leading companies.
With the exit of the UK from the European Union, Ireland is a natural fit for the regional headquarters of US companies eager to do business on the Continent.
Kelly was US CEO of Financial Dynamics and executive VP at FTI Consulting before co-founding Teneo, which bills itself as a global advisory for CEOs, in 2011.
Public Policy Holding Company registered 24.1 percent growth to a record $135M during the past year, which included the results of the March 1 acquisition of Multistate Assocs.
Stagwell CEO Mark Penn reported Q4 net revenues dipped 5.6 percent to $551.1M during a “challenging year for marketing services and digital transformation.”
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WPP reported Q4 revenues inched ahead 0.3 percent to $4.1B as CEO Mark Read wrapped up a year that he said was more challenging than expected due to cutbacks, mainly by technology clients.
Edelman reports 2023 revenues declined 3.7 percent to $1.04B as its flagship US region was off 9.1 percent to $639M.
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