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padillaspeer.com

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Investments

1

Portfolio Exits

1

About Padilla Speer Beardsley

Padilla Speer Beardsley is a multi-specialty communications firm, with headquarters in Minneapolis and an office in New York City. Their services range from media relations and crisis communications, to social-media marketing, opinion research and integrated communications.

Padilla Speer Beardsley Headquarters Location

1101 West River Parkway Suite 400

Minneapolis, Minnesota, 55415,

United States

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Latest Padilla Speer Beardsley News

Padilla Speer Beardsley to Acquire CRT/tanaka

Jul 29, 2013

Creates “Top 10” Independent Public Relations Agency with Focus on Integrated Campaigns, Collaboration and Client Service PadillaCRT (Graphic: Padilla Speer Beardsley) Download Thumbnail July 29, 2013 09:00 AM Eastern Daylight Time MINNEAPOLIS--( BUSINESS WIRE )--Padilla Speer Beardsley announced today that it has signed a letter of intent to acquire long-time partner CRT/tanaka, creating one of the top 10 independent agencies in the country as measured by the public relations industry. Upon close, the agency will be called PadillaCRT, with nearly 200 employee-owners in Minneapolis, New York, Los Angeles, Virginia and Washington, D.C. and annual net fee income of more than $30 million U.S. PadillaCRT will focus on delivering cutting-edge, results-driven integrated marketing and communications campaigns across both traditional and emerging media channels. The agency will have deep expertise in food & beverage, health care, business-to-business marketing, consumer products & services, manufacturing, technology, agribusiness, recreation and other sectors, and award-winning capabilities in Branding, Research, Corporate and Investor Relations, Creative & Digital, Crisis Management and New & Social Media. Clients include BASF, Merck, UnitedHealth Group, Girl Scouts of the USA, 3M, Barnes & Noble College, U.S. Highbush Blueberry Council, CarMax, Wines from Rioja (Spain), Land O’Lakes, Cargill, Rockwell Automation, Ditch Witch, RTI Surgical, Hass Avocado Board and SAP. “We’re creating a unique agency that clients will value and prospects will want on their short lists,” said Padilla CEO Lynn Casey, who will also serve as chair and CEO of PadillaCRT. “Combined, we’ll have a continued commitment to superior client service, deep industry experience in high-growth sectors and a range of specialties not commonly found in independent firms.” The two firms have been long-time partners and have collaborated on several client assignments and joint employee professional development programs. Both firms are founding members of the Lumin Collaborative, the industry’s first multi-agency think tank. In addition, they have both received numerous local and national awards for strategic programs, client service and workplace culture. “This combination makes strategic sense for our clients and our employees,” said CRT/tanaka CEO Mark Raper, who will serve as president of PadillaCRT. “We know each other well. We have a shared commitment to a collaborative, employee-ownership culture that translates into superior client service. By joining forces, a great next-generation agency will be born.” CRT/tanaka employees will join Padilla’s existing employee stock ownership program (ESOP), creating one of the largest employee-owned agencies in the country. The deal is expected to close in late August. Financial terms were not disclosed. About Padilla Speer Beardsley Padilla Speer Beardsley is an employee-owned, strategic communications firm with headquarters in Minneapolis and an office in New York City. Padilla has been named the “Best U.S. Agency to Work For” by The Holmes Report and has won multiple national and regional awards for its work, including PRSA Silver Anvils, SABRES and PRWeek awards. The agency also has earned a regional EMMY award for “Best TV Commercial Campaign.” Clients include BASF, Be The Match, Cargill, Coppertone, Glastron, Four Winns, Land O’Lakes, Merck, Pentair, Rockwell Automation, SAP and UnitedHealth Group. It is a founding partner of the Worldcom Public Relations Group, a partnership of 100 independently owned partner offices in 133 cities on six continents. The firm’s website is www.padillaspeer.com . About CRT/tanaka CRT/tanaka is a full-service communications agency known for its smart, creative and inspired thinking and industry-leading workplace culture. With headquarters in Richmond, Va. and New York, and offices in Los Angeles, Washington, D.C. and Norfolk, Va., CRT/tanaka features four integrated specialties – Food, Beverage and Nutrition; Health and Healthy Lifestyles; Consumer; and Corporate/B2B. The agency has been named “Best U.S. Agency to Work For” by The Holmes Report and has been recognized with more than 375 national and regional awards for its strategic counsel, creativity, workplace culture and community service. Clients include Air New Zealand, Avocados from Mexico, Barnes & Noble College, BISSELL Homecare Inc., Federation of Quebec Maple Syrup Producers, Girl Scouts of the USA, Hass Avocado Board, Partnership at Drugfree.org, Sprint Nextel, the U.S. Highbush Blueberry Council and Wines from Rioja (Spain). More information about CRT/tanaka is available at www.crt-tanaka.com . Contacts

Padilla Speer Beardsley Investments

1 Investments

Padilla Speer Beardsley has made 1 investments. Their latest investment was in BringMeTheNews as part of their Seed on August 8, 2010.

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Padilla Speer Beardsley Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/11/2010

Seed

BringMeTheNews

$1M

Yes

Date

8/11/2010

Round

Seed

Company

BringMeTheNews

Amount

$1M

New?

Yes

Co-Investors

Sources

Padilla Speer Beardsley Portfolio Exits

1 Portfolio Exit

Padilla Speer Beardsley has 1 portfolio exit. Their latest portfolio exit was BringMeTheNews on August 04, 2015.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/4/2015

Acquired

$99M

1

Date

8/4/2015

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Padilla Speer Beardsley Acquisitions

1 Acquisition

Padilla Speer Beardsley acquired 1 company. Their latest acquisition was CRT/tanaka on July 29, 2013.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/29/2013

$99M

Acquired

1

Date

7/29/2013

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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