Caliber Corporate Advisers Acquires Leverage PR
CommPro.biz Editorial StaffStrategic marketing and public relations firm, Caliber Corporate Advisers, announced the acquisition of Leverage PR, an Austin, Texas-based marketing and public relations firm specializing in the financial services, real estate and technology sectors. The acquisition is the latest move in Caliber’s ongoing growth initiative aimed at continuing to expand the firm’s industry and geographical footprint to serve the needs of its global client base.“The decision to acquire Leverage represents one more step in our effort to support our commitment to growing our team of senior professionals to meet – and exceed – the evolving needs of our clients,” said Harvey Hudes, Founder and CEO, Caliber Corporate Advisers. “By combining Caliber’s extensive industry experience across the financial services, technology, and professional services sectors with Leverage’s proven track record in similar spaces, we are able to provide clients with a deeper bench of industry experts under one umbrella. Caliber will continue to review acquisition opportunities that further our commitment to our clients and the niche industries we serve.”The combined Leverage and Caliber teams hold leadership positions on industry associations and media outlets including The FinTech Professionals Association, SXSW’s Accelerator, and AARP’s FinTech Advisory Board as well as Yodlee’s FinTech incubator.“This is a prime example of building strength on strength,” said Joy Schoffler, Founder and Principal, Leverage PR. “We wanted to find the right partner for Leverage, a firm that would value our expertise in the financial services, technology, and real estate sectors. In Caliber we have found that partner, and we’re excited to join forces by combining our impressive networks as we continue to grow under the Caliber umbrella.”Leverage will operate as “Leverage PR, A Caliber Corporate Advisers Company,” with employees at the firms joining together to form a larger client support network.The acquisition was facilitated by the legal team at Spiro Harrison and the counsel of Gould+Partners. Terms of the deal were not disclosed.