MDC Partners Acquires Allison & Partners
Holding company MDC Partners (NSDQ: MDCA) continued its acquisition streak today, acquiring mid-size PR agency Allison & Partners.
“It’s been a long time relationship. We’ve known Miles [Nadal, Chairman and CEO, MDC Partners] and his team for three years now.
As we’ve studied all of our options for growing the business, this seemed like best for both worlds, where we get to build our brand, partner, and maintain an equity position,” said Scott Allison [pictured], CEO of Allison & Partners in a phone interview with PRNewser today.
Allison
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