LLYC expands US footprint with acquisition of Lambert Global
LLYC expands US footprint with acquisition of Lambert Global

LLYC has acquired Lambert Global, a Michigan-based strategic communications firm, in a deal that stands as the largest in the Madrid-based company’s history. This acquisition not only triples LLYC’s size in the United States but also elevates its revenue to $35 million in the U.S. market, positioning the U.S. as LLYC’s second-largest market after Spain. The integration of Lambert Global, now rebranded as Lambert by LLYC, introduces nearly 130 professionals to LLYC’s team, significantly bolstering its presence and capabilities in the U.S.

This pivotal acquisition is set to generate an impressive U.S. revenue of $35.1 million for LLYC, as stated by the agency. Reflecting on the growth trajectory, LLYC’s U.S. revenue saw a 36% increase from the previous year, reaching $4.8 million in 2022, underscoring the firm’s robust expansion strategy and operational success in the U.S. market. LLYC’s investment in Lambert includes an initial 70% stake, with a payment of $18.2 million upfront, based on Lambert’s EBITDA performance over the next two years.

The merger brings together key personnel from Lambert, including Chairman and CEO Jeff Lambert and President Mike Houston, with no anticipated layoffs. This move underscores LLYC’s ambition to double its size within three years, focusing on acquisitions that enhance its expertise in creativity, innovation, technology, and extend its market reach across Spain, the U.S., Mexico, and Brazil. Lambert marks LLYC’s third and most significant U.S. acquisition, following previous acquisitions of EDF Communications and Bam Communications.

Alejandro Romero, LLYC’s global CEO, highlighted the acquisition’s role in consolidating LLYC’s position among the top 25 independent PR firms in the U.S. and emphasized the ongoing search for complementary acquisitions to further the company’s ambitious expansion plans. Lambert’s expertise in PR, investor relations, and integrated marketing, coupled with its impressive client roster, aligns with LLYC’s strategic goals for growth and market dominance.

The partnership heralds a new era of international collaboration and digital innovation, with both firms sharing a competitive culture and a spirit of innovation aimed at driving client ROI. As LLYC continues to grow, with offices across Latin America, Europe, and the U.S., this acquisition marks a significant milestone in its global expansion strategy, reinforcing its commitment to becoming a leading player in the global communications industry.

Public Relations agency in Dubai
Unlock the Potential of Your Brand with a Professional Public Relations Agency in Dubai

Public relations (PR) is the practice of managing and maintaining a positive image of an organization, company, or individual in order to influence public opinion. It is a strategic communication process that helps create mutually beneficial relationships between an organization and its key publics. PR agencies in Dubai have become increasingly important in today’s business environment, given the emirate’s global reach and importance as a business hub.

In this blog post, we will take a closer look at the role of public relations agencies in Dubai, their services, the benefits they offer, and the challenges they face. We will also explore the current state of the PR industry in the emirate and the opportunities it holds for businesses and individuals.

What Does a Public Relations Agency Do?

A public relations agency in Dubai offers a range of services designed to help organizations and individuals manage their public image and build relationships with their key publics. These services include media relations, crisis management, social media management, content creation, and event management.

The primary purpose of a PR agency is to help clients achieve their goals by creating and managing a positive public image. A PR agency will work with a client to create and execute a comprehensive communications strategy that is tailored to the client’s specific needs and goals. This includes developing a brand identity and message, creating content, engaging with the media, and managing crisis situations.

Benefits of Working with a Public Relations Agency

There are a number of advantages to working with a PR agency in Dubai. A PR agency can help organizations and individuals reach their goals by creating and managing a positive public image. With a PR agency, clients can:

  • Reach a wider audience. A PR agency can help clients reach a larger audience through traditional media outlets, as well as through digital media platforms.
  • Increase visibility. A PR agency can help clients increase their visibility by creating content and managing their social media presence.
  • Build relationships. A PR agency can help clients build relationships with their key publics, including customers, influencers, and the media.
  • Manage crises. A PR agency can help clients manage crises and other challenging situations.

Current State of the Public Relations Industry in Dubai

The PR industry in Dubai has grown significantly in recent years. According to a report by the Dubai Chamber of Commerce and Industry, the emirate’s PR sector is currently worth around $1.5 billion and is expected to grow at an annual rate of 6.3 percent through 2020.

The PR industry in Dubai is characterized by a wide range of services, including media relations, social media management, crisis management, content creation, and event management. The PR industry in the emirate is also highly competitive, with a number of local and international agencies offering a variety of services.

Opportunities for Businesses and Individuals

The PR industry in Dubai is highly competitive, but it also offers a number of opportunities for businesses and individuals. Businesses can benefit from the services of a PR agency in Dubai by increasing their visibility, building relationships with their key publics, and managing crises.

Individuals can also benefit from the services of a PR agency in Dubai. Working with a PR agency can help individuals build their personal brand and establish themselves as an authority in their field. It can also help them reach a wider audience and increase their visibility.

Conclusion

Public relations agencies in Dubai play an important role in helping organizations and individuals manage their public image and build relationships with their key publics. PR agencies can provide a range of services, including media relations, crisis management, social media management, content creation, and event management. Working with a PR agency in Dubai can help businesses and individuals achieve their goals and increase their visibility. The PR industry in the emirate is highly competitive, but it also offers a number of opportunities for businesses and individuals.