The Directors of leading Irish public relations company Drury Porter Novelli have acquired the business from its owner Omnicom Group Inc. for an undisclosed sum in a management buy-out announced today, Tuesday.
The full-service agency has been part of the Porter Novelli network for the past five years, having been originally acquired by Omnicom in 2000. Founded in 1989, the company has a strong roster of clients across corporate and financial PR, public affairs, and its consumer and digital division, AMPLIFY@Drury. Following the completion of the transaction, the company will continue trading as Drury Communications.
“We have been an Omnicom owned agency for the past 20 years and have enjoyed a mutually beneficial relationship. While we will continue to stay close to our colleagues in Porter Novelli, we were keen to become independent again”, said Anne-Marie Curran, Managing Director.
“Under management ownership, our team will be even more agile and innovative, exploiting the fast-moving evolution of communications consultancy. The consequences of the pandemic have re-enforced the critical role of effective communications for brands and businesses. Ironically, our clients’ requirement for assured advice and execution has never been stronger.”
The management team, led by Anne-Marie Curran, FPRII also comprises Chairperson, Billy Murphy, FPRII, Finance Director, Sinead Birt and Director, Paddy Hughes, FPRII.