Welcome to the PRmoment Podcast.
Welcome to our July review of PR Pitches and mergers & acquisitions in the UK PR scene with Andrew Bloch.
Andrew is a co-founder and non-executive director at Frank PR and is now lead consultant - PR, Social, Content and Influencer at the new business consultancy firm AAR. He is also a partner at PCB Partners where he advises on buying and selling marketing services agencies.
Thanks to our PRmoment Podcast sponsors, The PRCA.
2 mins Andrew contextualises the state of the new business market in UK PR currently.
“In an economy that is a bit shaky…being able to demonstrate effectiveness is more important than ever.”
“Why Andrew’s PR agency activity barometer is busier than ever!”
“The PR brief barometer is busy”
8 mins Andrew gives us his rundown of PR pitch wins for July, including:
- Good Relations wins Starling Bank
- Fleishman wins HS1
- Mischief wins Team GB
- Ready 10 wins Kind Snacks
- Stripe wins Giggling Squid
- PR Network and Heathrow Express
- Azaria win VTech and Leapfrog
- Nudge wins Kettle chips
- MSL wins Currys
- Ketchum wins Dolmio
18 mins Andrews gives us his insight into the Havas Uncommon deal.
“It could be a deal that’s worth up to £120m in 6 years time”
“Havas already has a reputation as being one of the most creative marketing services in the world…and they are doubling down on creativity.”
21 mins Andrew explains the £120m valuation of Uncommon on its current fee income of £22m.
25 mins Andrew reviews SEC Newgate’s $100m investment from Investcorp, an alternative investment firm, for a 55% stake in the business. The deal is subject to regulatory approval and values SEC Newgate as a $250 m business.
28 mins Andrew rounds us off by talking us through some smaller trade deals:
- The Bigger Boat acquires Scriba
- Bulla acquires Hype Collective
There’s a management buyout at Lucre Group which rebrands to Gold79.
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