BSMG clinches deal to buy lobbying firm GJW

BSMG Worldwide finally bought public affairs agency GJW this week, paying pounds 8 million for the UK’s largest independent lobbying shop.

BSMG Worldwide finally bought public affairs agency GJW this week,

paying pounds 8 million for the UK’s largest independent lobbying

shop.



GJW will now trade as GJW-BSMG, while LSA, BSMG’s existing public

affairs offering will operate simply as BSMG. BSMG’s UK name of Charles

Barker will be phased out over the coming months. The deal will see GJW

move out of its offices to join BSMG in Leicester Square, and the GJW

Brussels outfit folded into Paul Adamson’s BSMG-owned Belgian

operation.



A new board has been created for BSMG Worldwide (UK) with GJW founder

Wilf Weeks as chairman. BSMG CEO Nan Williams will fill the same role,

while Andrew Gifford and Nigel Clarke, GJW’s CEO and finance director

respectively, will join the new board. The remaining directors will be

BSMG’s Pamela Fieldhouse and Ray Eglington, and Tim Sutton, European

chairman of BSMG.



BSMG parent company True North Communications made the acquisition

announcement following its AGM in Chicago yesterday. It is the

culmination of talks GJW held over almost a year with suitors including

Financial Dynamics and Shandwick International.



GJW board director and share holder Rory Chisholm is the only senior

consultant departing the merged entity. Chisholm has been waiting for

the deal to complete so he could take up an offer to head a

newly-created regulatory affairs practice at financial PR agency

Finsbury.



Chisholm had been at GJW since 1988 and has been head of its City and

competition unit and a director since the management buyout in 1993

returned the agency to the ownership of its senior staff.



Chisholm joins Finsbury next week as a partner and will work on a client

list boasting Centrica, Northern Rock and Reed Elsevier.



Leader, p8.



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