Maja Pawinska Sims 28 Mar 2023 // 9:48AM GMT
LONDON — APCO Worldwide has moved into financial communications and investor relations with the acquisition of London-based Camarco, expanding its corporate advisory and advocacy capabilities to capital markets.
As well as financial, investor and corporate communications, Camarco’s offer includes communications around debt restructuring and litigation, and ESG and crisis communications.
The move follows APCO’s acquisition earlier this month of Gagen MacDonald, a Chicago-based consulting firm focused on organisational transformation, employee engagement, internal culture and purpose.
APCO's latest acquisition – the terms of which have not been made public – sees Camarco’s team of more than 40 specialists with backgrounds in accountancy, banking, broking, asset management, law and journalism join a global workforce of more than 1,100, including CEO Geoffrey Pelham-Lane (pictured), who co-founded Camarco in 2014 after 12 years as FTI’s global president of strategic communications.
Pelham-Lane said: “APCO and Camarco share a host of common values, including our client-centric commitment and belief in the power of highly collaborative teams that is truly distinctive in our part of the market.
“We have pursued the principle of employee ownership right from the start, and equity was widely distributed with every member of the Camarco team benefiting. We are all extremely excited to combine our and APCO’s capabilities into a powerful blend of integrated solutions that will be highly appealing to boardrooms across the world.”
APCO Worldwide CEO Brad Staples said the firm planned to expand Camarco’s presence to other financial centres around the world to support global clients “throughout the lifecycle of corporate transactions – from inception through regulatory approvals and from change management to integration.”
He added: “Camarco has a proven track record of helping clients—companies in the FTSE 100, FTSE 250, multi-national, European-listed and private companies—navigate complex stakeholder issues, risks and opportunities and execute business strategies that boost valuation. Supported by a team of experts with decades of experience and established influential networks, Camarco provides a disciplined approach to execute and deliver at the highest level.”
APCO has also recently strengthened its M&A and competition offer with senior hires including Cecilio Madero – former deputy director general of DG Competition, the European Commission department responsible for EU antitrust law and policy – and Rachel Brandenburger, an international antitrust, competition and regulatory policy advisor.