April 19, 2005

Rainier buys Lighthouse

Rainier PR has bought Lighthouse PR. The deal was announced earlier today.

Apparently Lighthouse PR will become a discrete business unit within Rainier.

Joint MD's at Rainier - Steve Earl and Stephen Waddington - remain in that position. Sean Gough, MD of Lighthouse, joins the Rainier management board.

Lighthouse's analyst relations business appears not to have been part of the acquisition.

Neither side is commenting on how much Rainier paid or how the deal is structured.



Blogger Duncan Chapple said...

Indeed, Lighthouse AR remains a separate business. It is online at www.lighthousear.com.

10:11 AM  

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