GR Communications to form new division within Spada

Financial services specialist GR Communications has merged into Spada to create a division focused on asset management and investment, GR Spada.

Spada: Expanded offering
Spada: Expanded offering

GR Spada will be led by Ellen Gracey, the former pensions and investments journalist who co-founded GR Communications in 1989, alongside fellow team director James Poole.

The new division will work alongside Spada’s existing 27-strong team and will look to grow market share in the asset management, investment and actuarial consulting and related sectors.

Gavin Ingham Brooke, chief executive of Spada, said: ‘We have known and admired GR Communications for many years.

‘This is a very important step in Spada’s journey to bring together interrelated specialist niches within the legal, financial services, pensions, insurance, property, construction, energy, and private equity markets. The North American clientele of GR Spada also helps flesh out our overseas network.’

Ingham Brooke said that the move reflected the agency’s desire to continue its rapid growth – Spada grew by 20 per cent in 2012 – and suggested that further deals are in the pipeline to expand the agency’s offering.

Gracey said: ‘We have been in contact with a number of firms, but Spada stood out and is a perfect fit for us as a team and more importantly, our clients.

‘The resources that Spada has will mean we can actively compete in a much broader market. I am personally thrilled to be part of such an energetic, dynamic firm and all of the team are delighted to be joining our new colleagues in Holborn.’

GR’s existing client portfolio includes a number of major UK and US institutional and wholesale asset managers, trade associations, trustees and household name pension funds.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

Hit or Miss? UKIP responds to Times story about Nigel Farage expenses

Hit or Miss? UKIP responds to Times story about Nigel Farage expenses

UKIP and its leader Nigel Farage came out fighting over a story in The Times yesterday that he is facing an investigation over £60,000 of "missing" European Union funds.

Ebay appoints Launch PR and Exposure for UK consumer work

Ebay appoints Launch PR and Exposure for UK consumer work

Online retailer eBay has appointed Launch PR and Exposure to its roster of agencies for UK consumer work.

Skyscanner selects Mischief for UK PR task

Skyscanner selects Mischief for UK PR task

Flight search company Skyscanner has brought in Mischief PR to oversee its UK communications as part of a Europe-wide round of agency appointments.

Virgin Galactic hands global PR duties to Edelman

Virgin Galactic hands global PR duties to Edelman

Virgin Galactic has picked Edelman to handle its six-figure global PR account in the build-up to its first commercial flight into space.