Vested acquires Templars Communications

VestedIn its first acquisition, the public relations agency Vested has acquired Templars Communications, a strategic financial public relations and communications consultancy who represent financial services companies, including investment houses, pension providers, AIM listed companies, custodians of wealth and reporting specialists, and alternative finance providers. The terms were undisclosed.

Ishviene Arora, co-founder and chief operating officer of Vested, said “We’ve been looking for the right opportunity to establish an office in London, and acquiring Templars was a natural next step. Our two firms are passionate about the financial industry and share a zealous commitment to delivering value to clients, and we’re excited to seize the opportunities this combination will create for us and for our clients.”

USA, New York, NY & UK, London

Endeavor acquires marketing agency 160over90

WMEEndeavor, the new name for the entertainment conglomerate formed after WME’s acquisition of IMG, has agreed to acquire branding and marketing agency 160over90 from private equity firm Searchlight Capital Partners. The terms of the transaction were not disclosed.

160over90 handles branding and marketing for a number of colleges, sports teams and brands, including Ferrari, the Indianapolis Colts, the Philadelphia Eagles, UCLA and Under Armour. The agency, which has about 180 employees, will be housed within Endeavor Global Marketing, the division that in recent years has acquired experiential agencies IMG LIVE and Fusion Marketing, as well as public relations firm Catalyst. Endeavor also has a stake in ad agency darling Droga5.

Mark Shapiro, co-president of WME and IMG, which still exist as independent businesses within Endeavor, said, “As the business continues to move away from the 30-second spot and into a full-fledged focus on experiences, we want to be fully armed and stand out with a unique platform. The 160over90 agency can enhance the platforms and channels and content that we are creating and producing for our clients, from Hollywood to sports.”

USA, New York, NY & Philadelphia, PA