PR, investor relations, and integrated communications agency Lambert, Edwards & Associates announced the acquisition of financial communications firm Owen Blicksilver Public Relations, creating a national top-10 investor relations, transaction, and financial communications firm, and a top-five private equity-focused PR firm. The deal marks Lambert’s fifth acquisition and adds a highly experienced team and New York City office for the combined firms’ more than 150 clients.
Led by industry veteran Owen Blicksilver, the Blicksilver PR team brings decades of financial communications expertise and strategic positioning acumen, with specialty practices in private equity, real estate, financial services, bankruptcy, crisis, litigation support, and B2B marketing. Lambert and Blicksilver will continue to operate under their respective brands with a combined staff of 65 and a client roster of publicly traded and privately held companies based in 20 states and six countries. Financial terms of the transaction were not disclosed.
“Our firm is rooted in financial communications, and this business mindset differentiates us among our PR firm peers nationally, making this acquisition such a strong strategic fit,” said Jeff Lambert, CEO and Managing Partner of Lambert Edwards. “Adding the expertise of Owen Blicksilver and his team, coupled with an impressive roster of long-term and market-leading clients, a specialization in capital markets, M&A and private equity, and a New York office, makes this a truly transformative opportunity.”
“True to our heritage in private equity and M&A, we approached this merger process looking for a strategic combination that would expand capabilities and talent breadth for each firm’s growing client base,” said Owen Blicksilver, Founder and President of Blicksilver PR. “Lambert provides more resources in the areas of investor relations, integrated marketing, digital, and B2C, plus expertise in key verticals such as automotive, consumer and healthcare, all of which we can now offer our clients. They also share our passion for business and financial communications and commitment to responsive, high quality client service.”
Blicksilver will remain with Lambert under a multi-year agreement, serving as President of the Blicksilver unit, which will remain based in New York. All of the Blicksilver senior account staff, who have an average tenure of a decade with the firm, will remain with the combined organization, assuring continuity for the firm’s publicly traded and privately held clients coast to coast.