MDC Partners Acquires Majority Interest in PR Firm Sloane & Company

Sloane & Company chief executive officer Elliot Sloane told PRNewser in a phone interview today, “it’s a great transaction for our firm. It’s strong validation for our model, for our success, for type of work that we do.”

Sloane also said that he “didn’t have a banker,” and “wasn’t shopping the firm.” He has known MDC Partners chairman and CEO Miles Nadal for many years and said, “this is something we had been talking about on and off for a number of years.”