Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
The Glover Park Group
Sale to WPP plc
Baird served as exclusive financial advisor to The Glover Park Group
The Glover Park Group LLC (“GPG” or the “Company”), a portfolio company of Svoboda Capital Partners LLC (“SC”), has recently been acquired by WPP plc (“WPP”). Terms of the transaction were not disclosed.
Founded in 2001, and employing more than 140 people, GPG has become one of the fastest growing and most respected strategic communications and government relations firms in the US. Headquartered in Washington, DC and with offices in New York, Los Angeles and Boulder, CO, GPG offers its clients a suite of fully integrated services including public affairs, media relations, government affairs, opinion research, crisis communications, digital strategy, corporate reputation, advertising and brand positioning.
Based in Chicago, Illinois, SC is a lower middle-market private equity investment firm managing over $250 million of committed equity capital. Founded in 1998, SC identifies, invests in and helps build businesses in the value-added distribution, consumer products and business services industries. SC typically invests equity of $10 million to $25 million per company in leveraged buyouts, recapitalizations and growth equity opportunities.
WPP plc, together with its subsidiaries, offers various communications services worldwide. WPP is the world's largest communications services group, employing 153,000 people working in 2,400 offices in 107 countries.
The transaction described above has been publicly announced.
WPP plc is publicly traded on both the London Stock Exchange and the NASDAQ Global Select market.