Posts Tagged "Huntsworth"

Huntsworth plc, the healthcare and communications group, today announces the acquisition of 70% of Creativ-Ceutical S.A.R.L. (“CC”), a Luxembourg company, from 100% shareholder Avicenne Invest S.A., a company connected to CC’s founder Pr Mondher Toumi for an initial cash consideration of €15.5 million, and the acquisition of 85% of Kyne Communications, LLC and Kyne Communications Limited through direct and indirect interests (together, “KYNE”) from founder and majority shareholder David Kyne and his wife Jacqueline Kyne together with associates for an initial cash consideration of $17.4 million. The Group also announces a successful placing raising gross proceeds of £16.3 million (the “Placing”) to part-fund the acquisitions, with the balance (approximately £12 million) to be funded from existing debt facilities.

Huntsworth plc, the healthcare and communications group, today announces  it has entered into a conditional agreement to acquire 80% of Navience Healthcare Solutions LLC (“Navience”), an independent payer advisory and marketing agency, for an initial cash consideration of $24m (the “Initial Consideration”). It is intended that the Initial Consideration will be funded by a placing of new ordinary shares in the capital of the Company (the “Placing”), to raise approximately £18m, with any proceeds in excess of the Initial Consideration to be used to pay expenses relating to the acquisition and the Placing.

Huntsworth has bolstered its healthcare capabilities by acquiring San Francisco agency Giant Creative Strategy for an initial sum of $72.2m from Shamrock Capital Growth Fund III.

Huntsworth has acquired WRG owner The Creative Engagement Group (TCEG) from private equiry firm LDC for a total of £24.7m, in a move to bolster its offering in the healthcare sector and the US market.

Press Release: Huntsworth plc, the healthcare communications and public relations group (“Huntsworth” or “the Group”), today announces the acquisition of the entire share capital of The Creative Engagement Group (“TCEG”) from funds managed by LDC (Managers) Limited (“LDC”) and certain members of TCEG’s management for total consideration of £24.7m

Hudson Sandler has become an LLP that will offer a stake in the business to staff, after listed holding group Huntsworth sold its majority stake in the global corporate and financial agency

The future has looked bleak for Huntsworth with falling revenues and a boardroom overhaul, but new CEO Paul Taaffe is looking to steady the ship and relishes the challenge of steering the group towards profitability and growth again, finds John Harrington

Huntsworth Health has brought two of its medical communications agencies togetherApothecom and Apothecom ScopeMedical under a new brand as Apothecom Medical Communications, which the group says will be ‘a single, global powerhouse’

Huntsworth has announced a impairment of £48.8m ($75.3m) on Grayling and Citigate this morning, following another challenging trading period with pre-tax profits falling almost one third from £7.7m to £5.3m in the first half of 2015

Company insiders said they were shocked at the departure of Myners

As Huntsworth’s half-year results were looming last week, and as the share price continued to flatline, one suspected the group would pull yet another rabbit from its top hat; few predicted that rabbit would be Lord Chadlington himself. For the full story read PR Week

Lord Chadlington is stepping down as chief executive of Huntsworth, the public relations holding company

Matthew Freud has acquired a £4m (3%) stake in the company that owns a string of PR firms including Citigate, Grayling and Red. For the full story read The Guardian

Huntsworth shares fell almost 20% this morning on news that the group’s first half results will be below market expectations

The Board of Huntsworth plc, the public relations and healthcare communications Group, announces that first half results will be below market expectations

Grayling and Citigate parent company Huntsworth has promised an acquisition drive in growth markets as it announced a 10.6 per cent drop in pre-tax profits for the year ended 31 December 2013

Blue Focus Communications is taking a big step toward becoming an international player with the $30 million acquisition of five-year-old social media agency We Are Social

The combined company will be branded Grayling

Huntsworth today publishes its Interim Management Statement covering the period from 1st July 2013 to date

BlueFocus Communications Group – has completed its £36.5m investment in Huntsworth.