Brand communications agency Cohn & Wolfe has agreed to acquire a majority stake in full-service public relations agency Six Degrees PR and its content and integrated marketing subsidiary Alphabet Consulting.
The latter has offices in Delhi, Mumbai and Bangalore.
Part of an aggressive growth plan in the region, the deal builds on Cohn & Wolfeâ€™s Mumbai and Delhi offering and solidifies the agencyâ€™s Asia-Pacific presence by growing its footprint in the region to 11 offices.
Founded in 2009, Six Degrees counsels C-Suite clients on challenges across the communications spectrum. Six Degrees has extensive public relations, public affairs, crisis management and digital media experience and delivers content and integrated marketing campaigns through subsidiary Alphabet Consulting.
â€śIndia is a strategic priority for Cohn & Wolfe, and Six Degrees has the entrepreneurial culture, seasoned talent and drive to succeed that will help us capitalize on the tremendous opportunity for growth here,â€ť Donna Imperato, chief executive officer, Cohn & Wolfe, said.
â€śThe agencyâ€™s presence in Bangalore, the countryâ€™s technology hub, and their work in technology, finance and corporate complements the Cohn & Wolfe India teamâ€™s extensive lifestyle and consumer experience.â€ť
Cohn & Wolfe, which opened offices in Delhi and Mumbai in 2012, represents clients across a range of industries, particularly in the travel and tourism practice.
Cohn & Wolfe India doubled revenues in 2014 with key clients including Austrian Airlines, Cleartrip, Lufthansa Passenger Airlines, RCI, Ruckus Wireless, Swiss International Air Lines and Wyndham Hotel Group. Cohn & Wolfeâ€™s existing business will become part of Cohn & Wolfe Six Degrees.
Six Degrees represents clients across multiple sectors, including technology, travel, infrastructure, manufacturing, finance, aviation, hospitality and entertainment. Current clients include regional and multinational companies such as Amadeus, Cushman & Wakefield, Dalmia Bharat Group, Hughes, Ingersoll Rand and Nokia.
â€śWe believe that Cohn & Wolfe is the best partner for the culture, passion and energy of Six Degrees and Alphabet Consulting,â€ť Rishi Seth, Co-Founder, Six Degrees, said. â€śWe are excited to start this new journey to make a bigger play for growth through integrated marketing services.â€ť
Seth and co-founder Zacharia James become Group CEOs, leading the Cohn & Wolfe Six Degrees team of 70 professionals across Mumbai, Delhi and Bangalore, and report to Imperato. Six Degrees CEO Karan Punia becomes CEO of the new company, reporting to Rishi and Zach.