Finsbury and Hering Schuppener create a new global force in strategic communications
Finsbury and Hering Schuppener Consulting are today announcing the formation of a strategic partnership. This partnership will be one of the very few global platforms for integrated strategic communications advice, providing clients with sophisticated counsel and seamless execution.
Finsbury and Hering Schuppener Consulting are established leaders in the key financial and business centres of New York, Frankfurt, London, Hong Kong, Berlin and Brussels. The firms have grown into two of the most respected strategic financial and corporate communication brands in the world. They provide outstanding strategic communications counsel to many of the world’s leading companies. They have advised their clients on some of their most significant challenges from mergers and acquisitions to leadership transitions, major crises and on their most complex public affairs issues. The two firms have advised on nearly 1,500 transactions with a total value of more than $2 trillion in the last 10 years alone.
With immediate effect, the strategic partnership offers a global platform across 14 offices, employing more than 350 professionals. Both firms will join forces and bring together their expertise by building four global practice groups covering Capital Markets, Crisis, Corporate Reputation and Corporate & Public Affairs. These global practice groups will give clients greater cross-market access and the best and most relevant strategic counsel, regardless of geography. An integrated digital offering underpins all of these practice areas, helping clients reach audiences by the most effective means available.
Finsbury and Hering Schuppener have adopted a common brand identity while retaining their names and existing ownership and leadership structures. They will work together to give clients the most effective team on international mandates and continue to cultivate their own business opportunities in their domestic markets.
Roland Rudd, Chairman of Finsbury, said: “We have worked side-by-side over many years with Hering Schuppener, and I have always admired the depth of expertise, professionalism and tenacity of their team in pursuing the best outcomes for their clients. Our philosophy as advisers is remarkably similar, and together we will aim to set the standard for our industry.”
Ralf Hering, Principal Partner & CEO of Hering Schuppener Group, said: “Finsbury is an icon in our industry. We share the same values, entrepreneurial spirit and passion for quality and success. With this partnership we are creating a unique platform, able to offer clients superior expertise and resources, and are committed to shaping the future of our industry.”
Finsbury and Hering Schuppener are both part of the WPP Group. Hering Schuppener and Finsbury will end their present arrangements with AMO and Fipra, respectively.
Hering Schuppener Consulting is one of the leading communications consultancies in Continental Europe and the clear market leader in Germany, with offices in Berlin, Düsseldorf and Frankfurt as well as an office in Brussels. It consistently wins awards for its work on the most high profile transactions in Germany, where it has ranked as the leading M&A advisor for the past 12 years in a row.
Finsbury has offices in the U.S., Europe, the Middle East and Asia. It provides expert strategic advice and execution to clients around the world on multichannel interactions with media, financial markets, employees, customers, governments, policymakers, regulators and other important stakeholders. It consistently ranks at the top of global league tables, and was the Holmes Report 2015 North America Financial Agency of the Year.