TVNewser AgencySpy TVSpy LostRemote FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

WPP Purchases Glover Park Group

London-based WPP has purchased Glover Park Group, the D.C.-based firm specializing in government relations and strategic comms that was started in 2001. The firm has a staff of 140 people, four offices in New York, Los Angeles, Boulder, CO, and Washington, and $60 million in annual revenue, according to Politico.

Glover Park was started by four well-connected Democratic operatives: Carter Eskew, Joe Lockhart, Mike Feldman, and Chip Smith. Lockhart joined Facebook as VP of comms in June.

According to the press release announcing the transaction, it’s still subject to regulatory approval. A spokesperson at GPG tells PRNewser that the leadership will remain the same and the remaining founding partners “have committed to staying with the firm for the foreseeable future.”

Smith is CEO; Eskew and Feldman are both MDs at the firm.

WPP’s firms include Hill & Knowlton, Quinn-Gillespie, Dewey Square Group, and Burson-Marsteller. The company reported Q3 revenue of £2.46 billion and organic growth of 4.7 percent, though taking a conservative stance about the future.
Mediabistro Course

Content Marketing 101

Content Marketing 101Get hands-on content marketing training in our brand new boot camp, Content Marketing 101! Starting September 8, digital marketing and content experts will teach you the tips and tricks for creating, distributing and measuring the success of your brand's content. Sign up before August 15 and get $50 OFF registration. Register now!