NEW YORK—Kekst and Company continues to dominate the merger and acquisitions sector of the public relations business, working on 52 deals with a value exceeding $143 billion in the first half of 2005, according to the latest data from mergermarket, which track M&A activity on a global basis.
Two U.K.-based firms—Brunswick Group and Financial Dynamics—were runners-up. Brunswick was second in terms of value of deals, working on 31 deals worth in excess of $97 billion. FD was second in terms of the number of deals, working on 50 deals worth just under $22 billion. Another U.K.-based firm—Citigate, now part of Lord Peter Chadlington’s Huntsworth Group—was third in both volume (41) and value ($60 billion of deals).
Traditional U.S. M&A giant Abernathy MacGregor was fourth in terms of volume and also in terms of value, while Joele Frank Wilkinson Brimmer Katcher was fifth in terms of value and seventh in terms of volume. Boutique firm Owen Blicksilver Public Relations was ninth in terms of value and sixth in terms of volume.
Of the giant multinational public relations firms, only Edelman cracked the top 10, coming in ninth in terms of value and eighth in terms of volume.
FD and Brunswick also dominated mergermarket’s rankings in Europe.
FD was first in Europe in terms of value ($45 billion) and volume (92 deals), with Brunswick second on each measure ($44 billion and 62 deals) and Citigate third ($26 billion and 55 deals). FD also topped the U.K. rankings in terms of volume (61) but was just topped by Citigate ($22 billion) on the value charts. In Germany, Brunswick was number one in value, while FD was tops in volume.