H&K buys Awalt, beefs up Houston financial muscle

HOUSTON: Hill & Knowlton made a push into the Houston market last week by acquiring the Awalt Group and bringing its founder, Jeff Awalt, into the fold of its IR practice.

HOUSTON: Hill & Knowlton made a push into the Houston market last week by acquiring the Awalt Group and bringing its founder, Jeff Awalt, into the fold of its IR practice.

HOUSTON: Hill & Knowlton made a push into the Houston market last

week by acquiring the Awalt Group and bringing its founder, Jeff Awalt,

into the fold of its IR practice.



Awalt, who formed the firm in 1996, becomes senior managing director for

financial communications in Texas. While Awalt is bringing his clients

with him (among those he has worked with in the past are EDS and Chase

Bank), most of his firm’s associates worked on a contract basis, and his

full-time staffers decided not to make the move to H&K.



’We believe that the market for financial communications represents a

very big opportunity and that Texas in particular is an area that has

been underserved,’ Awalt said. H&K has already added one new staff

member in Houston to work with him and plans to continue expanding its

40-member office there as client work demands.



H&K plans to use its pre-IPO experience to support Blanc & Otus’

five-month-old Austin outpost as well as other clients throughout the

state.



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