Svoboda, Collins Announces Major Investment in The Glover Park Group
CHICAGO, IL – November 6, 2006 — Svoboda, Collins today announced a major strategic investment in The Glover Park Group (GPG). The Chicago-based private equity firm has partnered with management and Madison Capital Funding LLC to make a major investment in GPG, allowing the strategic communications company to accelerate its growth and range of category-leading services. This transaction is the second investment for Svoboda, Collins Fund II L.P.
“Driven by its talented, experienced and energetic team, GPG has earned its reputation as one of the leading strategic communications firms in the country,” said John Svoboda, Senior Managing Director at Svoboda, Collins. “This investment reflects Svoboda, Collins’ continuing focus on investing in and helping to build the best business services companies.”
“This strategic investment will allow GPG to accelerate our growth and pursue significant new opportunities, taking our highly-focused, integrated approach across new geographies and into new practice areas,” said Chip Smith, Chief Operating Officer of The Glover Park Group. “In a rapidly changing environment, GPG has succeeded through our flexible, creative and entrepreneurial spirit – a spirit that will continue to guide our growth moving forward.”
AdMedia Partners was engaged by The Glover Park Group as investment bankers to represent them in evaluating strategic alternatives. AdMedia Partners is a leading New York investment bank specializing in mergers and acquisitions advisory services to digital and off-line marketing services, media and information services businesses.
About The Glover Park Group
The Glover Park Group is a strategic communications company based in Washington and New York. The firm delivers advocacy and image advertising, public affairs services, media relations, issues and crisis management, legislative affairs, research and corporate communications. Named one of the fastest growing private companies in the Washington, D.C. area in 2005, The Glover Park Group provides integrated communications solutions to clients including Fortune 100 companies, non-profit organizations, initiative campaigns and industry coalitions. For more information, please visit www.gloverparkgroup.com.
About Svoboda, Collins L.L.C.
Svoboda, Collins L.L.C. is a Chicago-based private equity firm with over $200 million of committed capital. Founded in 1998, Svoboda, Collins identifies, invests in and helps build excellent businesses in its targeted business niches: consumer products, value-added distribution, and business services. For more information, please visit www.svoco.com.
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