PR Connections becomes independent
Local press relations and marketing specialist, PR Connections, has announced a management buy-out effective from 1 December 2004. The company is now wholly owned by Alison McDonald as 100% shareholder and is no longer a subsidiary of Adcorp Holdings. This was effected by a sale of shares agreement concluded this week.
Says PR Connections MD, Alison McDonald: "The buy-out was a natural progression for PR Connections as PR is not core to the Adcorp Holdings business model. This will in no way compromise the service levels that PR Connections prides itself on and we look forward to new and exciting opportunities for the new year."
PR Connections commenced trading in July 1993 specifically to service companies in the Information Technology (IT) arena. The company has established itself as both a specialist in external public relations and a leading PR consultant in this industry sector which has been accomplished as a result of two key attributes: an intense focus on its chosen industry; and provision of a comprehensive range of communication and marketing services.
