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FINN Partners acquires RICE Communications

Mar 03, 20258 months ago

Acquiring Company

FINN Partners

Acquired Company

RICE Communications

New YorkSingaporeAdvertisingEventsMedia And EntertainmentSoftwarePublic RelationsConsulting

Description

FINN Partners has acquired RICE Communications, strengthening its presence in the Asia-Pacific region. This acquisition expands FINN's operations in Singapore and adds new offices in Thailand and Myanmar. RICE will now operate as 'RICE, A FINN Partners Company,' enhancing the agency's capabilities in the region. The agency is set to boost its reputation as a communications powerhouse under the leadership of RICE's managing partner.

Company Information

Company

FINN Partners

Location

New York, New York, United States

About

Founded in 2011 on the core principles of innovation and collaborative partnership, FINN Partners has grown from about $24 million in fees to almost $170 million in fees over ten years, becoming one of the fastest growing independent public relations agencies in the world. The full-service marketing and communications company's record setting pace is a result of organic growth and integrating new companies and new people into the FINN world through a common philosophy. With over 1,000 professionals, FINN provides clients with global access and capabilities in the Americas, Europe, and Asia. In addition, FINN provides its clients with access to top tier agencies around the world through its membership in the global network PROI. Headquartered in New York, FINN's other offices are in Atlanta, Boston, Chicago, Denver, Detroit, Dublin, Fort Lauderdale, Frankfurt, Hong Kong, Honolulu, Jerusalem, London, Los Angeles, Munich, Nashville, Paris, Portland, San Francisco, Seattle, Shanghai, Singapore, Southern California, Vancouver and Washington D.C.

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M&A Insights

Based on deal data
Integration 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