NEW YORK—Global business communications firm Financial Dynamics has acquired Westhill Partners, an business and management consulting firm. The acquisition will broaden the scope of services FD provides to its global client base, creating a new business consulting practice that will build on Westhill’s reputation as a provider of strategic consulting services to a wide array of global brands including Nextel Communications, Qwest Communications, Hollinger International and Equitas.
These services, combined with FD’s core investor relations, public relations and public affairs capabilities, will provide an integrated business communications and consulting offer that the firm believes will be unique in the US market.
“The acquisition of Westhill Partners is an important step forward in our strategy of providing a broader scope of strategic consulting and advisory solutions to clients,” says Declan Kelly, president and CEO of FD in the U.S. “In recent years it has become increasingly apparent that the dynamics driving the business communications sector are changing fundamentally and we have made this acquisition in response to and in anticipation of such a trend.
“This acquisition enables us to provide business solutions to clients as well as communications strategies to support those solutions. At the heart of the offer will be a world class research function which will have methodologies and product offerings that will enable clients to manage their businesses differently in today’s rapidly changing and increasingly regulated business environment.”
Headquartered in New York City and Washington D.C., Westhill was founded by Democratic political strategist Ed Reilly and counsels Fortune 500 companies, executives, elected officials, individuals and non-profit organizations on the provision of solutions to business problems, issues of reputation, crisis, policy, internal communications, brand development and litigation matters.
Says Reilly, “Over the past decade, the complexity of the communications challenges facing our clients has risen dramatically, requiring a greater understanding of business and management issues. We are confident of meeting those challenges with our new colleagues, and look forward to building our consulting practice as part of the FD global platform.”
Reilly will head the new business consulting practice at FD and will join FD’s North American board of directors.