Enero back on acquisition trail with $6.5m deal for US agency Eastwick Communications
Enero has kept to its word and re-entered the acquisition market after reaching an agreement to buy US PR agency, Eastwick Communications.
The move will see Eastwick, which specialises in the technology sector, merge with Enero-owned Hotwire PR in the US.
Enero, which also operates BMF, Naked, Frank and Dark Blue Sea, will pay an initial $5m for the business with additional undisclosed payments based on performance targets over the next four years.