Press

Stagwell Group acquires SKDK

PR Week: October 8, 2015
Mark Penn's investment fund, backed by ex-Microsoft CEO Steve Ballmer, makes US public affairs firm its first purchase Investment firm the Stagwell Group, set up in June by PR and public affairs veteran Mark Penn, has acquired SKDKnickerbocker in its first purchase. Founded in 1968 by Bob Squier, SKDK has offices across the US in Washington DC, New York City, Los Angeles and Albany. The PR agency, specialising in public…

Mark Penn’s Investment Group Acquires SKDKnickerbocker

Holmes Report: October 8, 2015
The Stagwell Group—the investment group founded earlier this year by former Clinton aide Mark Penn—has acquired strategic communications and public affairs firm SKDKnickerbocker. Founded in 1968 by renowned political consultant Bob Squier, who was later joined by partners Bill Knapp and Anita Dunn, SKDK has become the one of the most prominent progressive political consulting firm in the US, with offices in Washington, DC, New York City, Los Angeles and…

PRESS RELEASE: The Stagwell Media LLC Acquires SKDKnickerbocker, Leading Strategic Communications and Political Consulting Firm

October 8, 2015
The Stagwell Group today announced its fund, Stagwell Media LLC, has acquired SKDKnickerbocker (“SKDK”), a nationally-recognized strategic communications and political consulting firm, with offices in Washington, DC, New York City, Los Angeles and Albany, NY. Founded in 1968 by renowned political consultant Bob Squier, who was later joined by partners Bill Knapp and Anita Dunn, SKDK has become the one of the most prominent progressive political consulting firm in the…

Mark Penn’s private equity group to buy PR firm SKDK

Politico: October 8, 2015
SKDKnickerbocker, the Washington PR firm with deep ties to Democrats, is being bought by Mark Penn's investment firm. Penn, a former pollster and political strategist, worked on Bill Clinton's 1996 campaign with Bill Knapp, a managing director at SKDK. Penn left Microsoft earlier this year to start a Stagwell Group, a private-equity firm focused on digital marketing with backing from Steve Ballmer, the former Microsoft CEO. SKDK, which also has…

Mark Penn’s Stagwell Group Will Acquire SKDKnickerbocker

New York Times: October 8, 2015
The private equity firm founded with a quarter-billion dollar check from the former Microsoft chief Steven A. Ballmer has made its first purchase. The firm, the Stagwell Group, which is being run by the former advertising executive Mark Penn, will acquire SKDKnickerbocker, the public relations group best known for its advertising and campaign work for prominent Democratic clients. It is the first step in what Mr. Penn said would be…