News

Joele Frank Recognized as Top Global Corporate Shareholder Activism Defense Advisor in 2021 by Bloomberg

January 4, 2022 – Bloomberg has recognized Joele Frank as the top corporate shareholder activism defense IR advisor in its 2021 Global Activism Market Review. Joele Frank advised companies on 66 activist situations launched during 2021 and tracked by Bloomberg.

Bloomberg noted Joele Frank as the top advisor across 10 of 12 industry sectors, as well as across a number of other categories, including:
  • Total Number of Global Engagements;
  • Engagements for U.S. Companies;
  • Engagements by Aggregate Activist Stake Value;
  • Engagements by Aggregate Market Capitalization;
  • Engagements for Companies with Market Capitalizations Greater than $5 Billion;
  • Engagements for Companies with Market Capitalizations Greater than $1 Billion; and
  • Engagements for Companies with Market Capitalizations Less than $1 Billion.
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Gregory Elders Participates in Going Carbon Neutral Panel at The Deal – Corporate Governance 2021 Conference

September 30th, 2021 – Gregory Elders, a Managing Director at Joele Frank, recently participated in The Deal - Corporate Governance 2021: Business as a Driving Force for Social Change hosted by Jim Cramer. During the Going Carbon Neutral panelist discussion, Gregory spoke about the increasing pressure businesses face in targeting net zero carbon emissions. He highlighted that investors are applying the most pressure on reducing emissions as they are increasingly voting against board directors at laggard companies. A replay of the session is available here.

Joele Frank Named #1 M&A Communications Advisor by The Deal for H1 2021

July 27, 2021 – The Deal recently recognized Joele Frank as the top M&A PR advisory firm for the first half of 2021. Current rankings reflect transactions announced in the first six months of 2021 and valued at or greater than $100 million. Joele Frank advised on 48 transactions during the period, including 22 for the acquirer and 26 for the seller. The firm has received the #1 spot in The Deal’s annual rankings for eight consecutive years.

Joele Frank’s recent M&A work includes representing Kansas City Southern in its $33.7 billion planned sale to Canadian National Railway; Thermo Fisher in its $20.9 billion acquisition of PPD; Apollo Global Management in its $11.0 billion merger with Athene Holding; FLIR Systems in its $8.0 billion sale to Teladyne; Monmouth Real Estate in its $3.4 Billion sale to Equity Commonwealth; Ventas in its $2.3 billion acquisition of New Senior Investment Group; Talend in its $2.4 billion sale to Thoma Bravo; Herman Miller in its $1.8 billion acquisition of Knoll; and MorphoSys in its $1.7 billion acquisition of Constellation Pharmaceuticals, among others.

Joele Frank Again Recognized as Leading Global Shareholder Activism Defense Advisor by Bloomberg in H1 2021 Global Activism Market Review

July 9, 2021 – Joele Frank is proud to once again be recognized by Bloomberg as the top corporate shareholder activism defense advisor in its H1 2021 Global Activism Market Review. Of all new activist campaigns launched in 2021 and tracked by Bloomberg, Joele Frank advised on 42 activist situations with stakes valued at approximately $12.2 billion during the first half of 2021. Joele Frank was also recognized as the top adviser across nine of 12 industry sectors, as well as across a number of other categories, including:
  • Total Number of Global Engagements;
  • Engagements for U.S. Companies;
  • Engagements by Aggregate Activist Stake Value;
  • Engagements for Companies with Market Capitalizations Greater than $5 Billion;
  • Engagements for Companies with Market Capitalizations Greater than $1 Billion; and
  • Engagements for Companies with Market Capitalizations Less than $1 Billion.
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Joele Frank Provides PR Counsel to Three Wrongfully Imprisoned Men

March 9, 2021 – Joele Frank provided PR counsel to the legal effort on behalf of George Bell, Rohan Bolt and Gary Johnson, who were incarcerated for over 24 years for a crime they did not commit. On March 5, 2021, The Hon. Judge Joseph A. Zayas of the Queens County Supreme Court ruled to vacate Bell, Bolt and Johnson’s convictions and all three men were released from prison.

Bell, Bolt and Johnson were convicted of the double homicide of two men in 1996. Bell and Johnson were just 19 and 22 years old at the time and Bolt, then a 35-year-old married father of four, owned a local Caribbean restaurant. No physical evidence ever connected any of the three men to the crime and all three men maintained their innocence. Evidence existed at the time of their arrest that pointed to other suspects, but prosecutors suppressed that evidence and withheld it from the defense teams and from the court.

The firm provided strategic PR counsel on this case on a pro bono basis, working in close collaboration with Bell, Bolt and Johnson’s legal counsel as they worked to bring justice to these innocent men. Firm Partners Joele Frank and Kelly Sullivan, Directors Jacob Silber, Melissa Johnson and Darcie Binder and Account Executives Joy Barnett, Paige MacPherson, Matt Cascio and Brennan O’Toole all contributed to the project.

Joele Frank Recognized as #1 M&A Communications Advisor in 2020 by The Deal and Mergermarket

February 1, 2021 – Joele Frank was recognized as the #1 M&A PR advisory firm in 2020 by The Deal, marking the eighth consecutive year the firm has been honored with the top spot. The Deal rankings reflect U.S. transactions valued at $100 million or more, of which Joele Frank advised on 86, including 39 for the acquirer and 47 for the seller.

Joele Frank was separately ranked as the #1 Global M&A PR advisor (by deal value) in 2020 by Mergermarket, which considers transactions valued at $5 million or more. The firm advised on 167 transactions valued at a total of $523 billion during the year.

The firm’s recent M&A work includes representing S&P Global in its $45 billion merger with IHS Markit; AON in its $30 billion acquisition of Willis Towers Watson; Salesforce in its $28 billion acquisition of Slack; Gilead Sciences in its $21 billion acquisition of Immunomedics; Bristol Myers Squibb in its $13.1 billion acquisition of MyoKardia; Concho Resources in its $9.7 billion acquisition by ConocoPhilips; and Grubhub in its $7.3 billion acquisition by Just Eat Takeaway, among others.