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When Consulting Firms Acquire Their Own PR Agencies

When Consulting Firms Acquire Their Own PR Agencies

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Lucas and Luna dive into a quiet but fast-growing trend: consulting firms buying their own public relations agencies. They trace the shift from McKinsey's 2019 acquisition of a strategic communications firm to the current wave where six of the top ten consultancies now own a PR arm. They ask what this means for independence, for the client, and for the future of professional services. Specific numbers: the $2.3 billion in PR acquisitions since 2021, and the $40 million revenue jump at one acquired agency within two years of joining a consultancy. A concrete look at how the boundary between advice and messaging is blurring. #ConsultingMergers #PRAcquisitions #McKinseyCommunication #ProfessionalServicesTrends #AdvisoryAndMessaging #BusinessStrategy #FexingoBusiness #BusinessPodcast #PublicRelations #ManagementConsulting #BoutiquePR #Edelman #WeberShandwick #AccentureInteractive #DeloitteDigital #PRvsConsulting #ServiceBusinessTalks #March2025Moves Keep every episode free: buymeacoffee.com/fexingo
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