Hill+Knowlton acquires JeffreyGroup in Latin America, strengthens technology offering with global expansion of the Ideal brand
September 21, 2022, NEW YORK – Hill+Knowlton Strategies (H+K), one of the world’s leading communications companies, announced two related strategic moves today: the acquisition of JeffreyGroup, one of the most respected independent corporate communications, public affairs, and marketing consulting firms in Latin America, making H+K the preeminent global communication agency in the region; and the global launch of the firm’s Brazil-based Ideal company as an international brand, now focused primarily on disruptive and emergent technology companies.
Through this transaction, Hill+Knowlton is taking two major steps forward – becoming the preeminent global player in Latin America through the combination of highly complementary, similarly sized businesses, and creating a second growth engine for our largest industrial practice. We are benefitting from significant momentum in our business globally. Both of these actions further manifest our strategy and open up new avenues for growth.
Global Chairman and CEO, Hill+Knowlton Strategies
JeffreyGroup has grown steadily over the course of decades, with a distinctive and exclusive focus on Latin America, serving the world’s most admired companies and global brands. JeffreyGroup and Hill+Knowlton are highly complementary companies, making it possible to optimize the strengths of both brands to form the leading global network in the region. Hill+Knowlton today is a growth story, and we are excited to be a part of it, tapping into tools, capabilities and relationships that will benefit our clients and our people as we continue to grow our business.
CEO, LATAM
“I’ve admired the JeffreyGroup since my early days as one of their clients, and I’m delighted to welcome them into the Hill+Knowlton and WPP family. Latin America is one of the most dynamic communication markets today, offering a growing scope of talent and innovation. Our combination with JeffreyGroup creates step change opportunities. I’m excited about what we’ll be able to do together. “ – AnnaMaria DeSalva, Global Chairman and CEO
I’m incredibly proud of what we have built with Ideal in Brazil, and I am excited for the opportunity to expand this concept globally. We have seen an appetite in the marketplace for specialized agencies, and the time is right for Ideal to assert its unique experience in digital and content for our growing portfolio of emerging and disruptive tech clients. Working with Sara and the global tech team, Ideal will help amplify H+K’s already impressive technology communications reputation globally.
Global CEO, Ideal
“Ricardo has led consistent and strikingly profitable growth, delivering innovation and creativity to a loyal and growing group of clients. We are thrilled to extend the Ideal brand globally under his leadership to form a second growth engine for our largest industrial practice. It’s a unique opportunity to position H+K as the technology communications partner of choice. “ – AnnaMaria DeSalva, Global Chairman and CEO