As broken on 19 October on PRWeek.com, Lord Chadlington's Huntsworth will stump up an initial £5.9m (£4.2m of which will be in cash) to acquire Quiller. The maximum total consideration is around £10.7m.
Nine-strong Quiller's chairman is Jonathan Hill, who Chadlington worked alongside in the 1990s for John Major's government. Hill had a four-year spell at 10 Downing Street, first in the Policy Unit and then as political secretary and head of the PM's political office.
Chadlington said: ‘I am very close friends with Jonathan, and we [Huntsworth and Quiller] have shared clients over the years.'
Quiller, founded in 1998 by Hill and former Independent journalist John Eisenhammer, provides corporate comms, issues management, litigation support and PA consultancy. It prides itself on only employing senior staff.
Quiller will retain its brand but will join Huntsworth's financial and corporate comms business Hudson Sandler.
Hudson Sandler CEO Andrew Hayes said: ‘Quiller's expertise is a perfect complement to our skills.'