juillet 2017
APCO Worldwide
Petsky Prunier advises APCO Worldwide on its capital raise to support its buyout of outside minority shareholder
July 12, 2017 (New York, NY) – Petsky Prunier is pleased to announce it has advised APCO Worldwide, the world’s largest women and employee-owned global communication consultancy, on its capital raise supported by Citibank and Monroe Capital. Proceeds from the capital raise were used for a buyout of minority shareholdings held by an outside institutional investor. The arrangement will also provide potential for additional capital, which APCO can use for growth, acquisition and continued innovation to meet the changing demands of the marketplace and to better service clients.
APCO, which was named the Public Affairs Agency of the Year in 2017 by The Holmes Report, secured its independence in 2004 after more than a decade as an affiliate of Grey Global Group. Since its inception in 1984, it has grown from a small one-office firm to a diverse global consultancy servicing high-profile clients in more than 80 markets around the world. APCO’s revenue has more than doubled since obtaining its independence in 2004.
The word’s most influential companies, governments, nonprofit organizations and NGOs, and high-net worth individuals rely on APCO to build their brands, grow their businesses, secure and protect their reputations, and thrive in complex environments.
Petsky Prunier’s transaction team was led by Sanjay Chadda and Matthew Kratter.