Hume Brophy seals Hong Kong deal
Irish communications firm Hume Brophy has acquired Madaket+Co, a communications consultancy firm with operations in New York and Hong Kong.
Hume Brophy - which specialises in PR, public affairs, investor relations and corporate and financial communications - will establish its first full-time base in Hong Kong through the deal.
The six-member team of corporate and financial communications specialists in Hong Kong will join Hume Brophy's existing 12-strong Asia team, which is headquartered in Singapore and led by Asia managing director Martin Reidy.
"We have seen a significant growth in our client base in mainland China, as well as a significant growth in the financial services market coming out of Hong Kong," said Hume Brophy CEO Conall McDevitt
The acquisition of Madaket+ Co, with its Hong Kong and US offices, adds geographic reach to Hume Brophy's practice, which already covers London, Brussels, Paris, Frankfurt, Singapore and Dublin.
Mr McDevitt described the acquisition as a "strong statement of intent" to continue building an international communications and corporate affairs firm.
He told the Irish Independent that bringing Madaket into the company's network strengthens its offering across the world's three biggest capital markets, and gives the company strong, expert-led teams in every key global hub. Founded in 2005 by John Hume and Eoin Brophy, the company has 120 employees from various backgrounds including media, marketing, and professional services.