Cleary Gottlieb represented Finsbury Glover Hering in the completion of its merger and management buy-in.
Finsbury, The Glover Park Group, and Hering Schuppener announced on January 11, 2021, that they had completed their merger and management buy-in of 49.99% of the combined business from WPP. Cleary advised the newly formed company, Finsbury Glover Hering, throughout the process.
The merger will create a pre-eminent global strategic communications and public affairs consultancy, operating from 18 offices with almost 700 consultants. WPP will remain a 50.01% investor, and Mark Read, CEO of WPP, will join the board.
For more information, please see the press release here.