Fleishman takes High Road for tech

TORONTO: Fleishman-Hillard has bolstered its Canadian hi-tech practice by purchasing High Road Communications, a dollars 3.5 million Canadian (nearly dollars 2.5 million US) firm.

TORONTO: Fleishman-Hillard has bolstered its Canadian hi-tech practice by purchasing High Road Communications, a dollars 3.5 million Canadian (nearly dollars 2.5 million US) firm.

TORONTO: Fleishman-Hillard has bolstered its Canadian hi-tech

practice by purchasing High Road Communications, a dollars 3.5 million

Canadian (nearly dollars 2.5 million US) firm.



The deal, finalized last week, gives Fleishman a presence in Ottawa and

provides High Road with global reach and access to services such as IR

and issues management. The purchase price was not disclosed.



High Road, which generates 75% of its revenue from US-based clients,

will operate independently and retain its name. The firm’s management

team, including co-founders Rick Doyon and Mia Wedgbury, will remain in

place and report to Linda Smith, SVP and GM of Fleishman/Canada.



’We recognized that in order to take our business to the next level, we

needed a partner like Fleishman-Hillard,’ said Doyon, noting that High

Road works with a number of companies that have recently gone public and

want IR assistance.



Doyon said High Road expects to add eight employees within the next six

months and double in size by 2002.



Fleishman/Canada, with offices in Toronto and Montreal, boasts 50

employees and clients including Sybase and Intuit. High Road, with

offices in Toronto and Ottawa, has 27 employees and 35 clients,

including Lucent, AOL Canada and Pitney Bowes.



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.