RSK Group Expands Reach with Apollo Strategic Communications Acquisition
Deal News | Nov 07, 2024 | PR Newswire Cision RSK; Apollo
RSK Group, synonymous with sustainable solutions, has finalized the acquisition of London-based Apollo Strategic Communications with the strategic intent to provide comprehensive communication solutions alongside its existing environmental and technical services. The merger aims to broaden their market reach and enhance service offerings across differing sectors globally. Founders Pallab Sarker and Rob Blackhurst will continue to spearhead Apollo’s growth, ensuring client needs remain central while maintaining an ethical focus on sustainability. Apollo adds strong capabilities in elite global media, crisis management, and strategic communication to RSK’s 200-company strong repertoire, with an annual turnover of £1.2 billion in FY23. Through this acquisition, RSK and Apollo aim to leverage their shared values to produce innovative, sustainable outcomes that address global challenges. Memery Crystal and Cortus Advisory served as the acquisition advisors.
Sectors
- Public Relations
- Sustainability
- Communications
Geography
- United Kingdom – Both RSK Group and Apollo Strategic Communications are based in the UK, with headquarters in London.
- Global – Apollo has worked with clients worldwide, and the acquisition seeks to expand RSK's global presence.
Industry
- Public Relations – The acquisition involves Apollo Strategic Communications, a firm focused on providing PR solutions across various sectors.
- Sustainability – RSK Group is known for its sustainable solutions, impacting the decision and strategy behind the acquisition.
- Communications – Both companies are focused on advancing communication strategies, particularly in leveraging PR and media relations.
Financials
- £1.2 billion – The annual turnover of RSK Group at the end of FY23.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RSK Group | Acquirer | Company | A global leader in sustainable solutions that acquired Apollo Strategic Communications. |
| Apollo Strategic Communications | Target | Company | A leading global PR firm known for its strategic communications expertise. |
| Pallab Sarker | Founder Director, Apollo | Person | One of the founders of Apollo who will continue to lead the company post-acquisition. |
| Rob Blackhurst | Founder Director, Apollo | Person | One of the founders of Apollo who will continue to lead the company post-acquisition. |
| Alan Ryder | CEO, RSK Group | Person | Chief Executive Officer of RSK Group, emphasizing the strategic fit of the acquisition. |
| Memery Crystal | Legal Advisor | Company | One of the legal advisors for the acquisition. |
| Cortus Advisory | Advisory | Company | Advisor involved in the acquisition process. |