Richards Group Mulls Rives Acquisition

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

DALLAS The Richards Group, one of the largest independent agencies in the U.S., confirmed it is considering an acquisition of independent Rives Carlberg.

Richards, located in Dallas, reports billings of more than $1 billion, compared to $45 million for Houston-based Rives Carlberg.

Richards founder and principal Stan Richards said he hopes to see a deal completed “in the next couple of weeks.” Rives Carlberg president and CEO Chuck Carlson could not be reached for comment.

The deal would expand Richards’ presence in the energy capital of Houston, where it handles media duties for power provider Reliant.





AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in