MikeWorldWide completes acquisition of Berk Communications to expand expertise in sports, entertainment, and lifestyle PR
Feb 26, 2025•7 months ago
Acquiring Company
MikeWorldWide
Acquired Company
Berk Communications
Description
MikeWorldWide, a leading independent public relations firm, has fully acquired Berk Communications, solidifying a long-standing partnership. This acquisition creates the largest sports practice in the nation and adds significant expertise in entertainment and lifestyle PR. Berk will continue to operate as an independent brand while gaining access to Mike's full suite of integrated resources and AI tools.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed