Finance

DRPG expands globally with two acquisitions

Published by
Nicky Godding

A Kidderminster headquartered communications agency has acquired two key companies: OWB in the UK and The Special Event Company in the USA.

DRPG said this move further solidifies its commitment to innovation and aims to reinforce its position as a leader in the global communication and creative industries.

Dale Parmenter, CEO of DRPG, said: "These acquisitions mark a pivotal moment for DRPG in both local and global expansion. We are excited to welcome OWB and TSEC to the DRPG family, and we believe their expertise will play a crucial role in advancing our capabilities and offering unparalleled value to our clients."

DRPG's acquisition of OWB, a marketing agency based in Birmingham, signifies a strengthening of its presence in the Midlands. With its studio complex in Worcestershire, DRPG wants to accelerate its growth in the West Midlands, particularly in Birmingham, following its sponsorship of the Birmingham 2022 Commonwealth Games.

Founder and Managing Director of OWB, Andy Wilkinson, said: "This is an exciting chapter for OWB. Joining forces with DRPG provides us with an incredible opportunity to expand our reach and capabilities. We are eager to contribute our creative energy and expertise, and we believe that together, we can accomplish remarkable things for our clients."

Across the Atlantic, DRPG also intends to boost its footprint in North America, after it acquired The Special Event Company, a live and virtual event planning agency based in Raleigh, North Carolina. DRPG North America and The Special Event Company will continue to operate as two separate trading companies but with plans for collaboration.

Hunter Gray, vice president of TSEC, said:"We are excited to join forces with DRPG, knowing that this collaboration will not only enhance our capabilities but also contribute to their ambitious growth plans. Together, we aim to set new standards in the creative communications and event planning landscape."

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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