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Omnicom Acquires Plus Communications And Fp1 Strategies

PRIVATESep 07, 2023

Acquiring Company

Envestnet Inc.

Acquired Company

PLUS Communications

BerwynFinancial ServicesFinanceSaaSFintechMachine LearningSupply Chain ManagementLogisticsAdvertisingMarketingConsultingAdvertisingMarketing

Description

Omnicom (NYSE: OMC) today announced its public relations division, Omnicom PR Group (OPRG), has acquired PLUS Communications, a top public affairs firm, and FP1 Strategies, a leading political consultancy. The acquisitions will accelerate growth, expand existing offerings, and further solidify OPRG 's leadership position in public affairs, corporate and political consulting.

Quick answer

Envestnet Inc. is acquiring PLUS Communications and FP1 Strategies, announced September 7, 2023. Envestnet Inc. is based in Berwyn, Pennsylvania, United States.

How much did Envestnet Inc. pay for PLUS Communications?
The deal value was not disclosed.
What does Envestnet Inc. do?
Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence.
Where are Envestnet Inc. and PLUS Communications based?
Envestnet Inc. is based in Berwyn, Pennsylvania, United States.
Who are the decision-makers at Envestnet Inc?
Fundz holds 1 contact at Envestnet Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Envestnet Inc.

Location

Berwyn, Pennsylvania, United States

About

Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence. By establishing the connections between people's daily financial decisions and long-term financial goals, Envestnet empowers them to make better sense of their finances and live an Intelligent Financial LifeTM. With more than $5.4 trillion in platform assets—more than 107,000 advisors, 16 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs, and thousands of companies, depend on Envestnet technology and services to help drive better outcomes for their businesses and for their clients. Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). For more information, please visit www.envestnet.com, and follow us on LinkedIn and X (@ENVintel).

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Frequently asked

Who acquired PLUS Communications?

PLUS Communications was acquired by Envestnet Inc., based in Berwyn. The deal was reported on September 7, 2023. Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence. Envestnet Inc. is privately held and operates in Financial Services.

When did Envestnet Inc. acquire PLUS Communications?

Envestnet Inc.'s acquisition of PLUS Communications was reported on September 7, 2023. Omnicom (NYSE: OMC) today announced its public relations division, Omnicom PR Group (OPRG), has acquired PLUS Communications, a top public affairs firm, and FP1 Strategies, a leading political consultancy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PLUS Communications do?

PLUS Communications is a Beltway-based consulting firm specializing in campaign management, media relations, coalition building, award-winning advertising, cutting-edge digital engagement, crisis communications, litigation support and message development. It is privately held, operating in Advertising.

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