MHP was ranked as the UK’s 20th-largest PR firm in PRWeek’s recent Global Agency Business Report with revenue of £16.5m ($21.7m), while DLPR placed at 104 in the US – revenue was up 14 per cent last year to $5.2m (£3.9m). The firms have a combined headcount of 195.
An MHP representative told PRWeek that the partnership did not mean a merger was imminent, and that the firms would see how the partnership, intended to allow the firms to provide a broader range of advice to clients in financial and professional services, performs over the next few months.
In addition to its London HQ, MHP also has offices in Brussels, Hong Kong, Sydney and now Germany. MHP today announced it was opening a new office in Frankfurt, led by Christian Pickel, a director in its financial team. The agency said many of its financial services clients had a presence in Germany.
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