NEWS. 01/03/19

ICR Acquires Westwicke Partners, North America’s Leading Healthcare-Focused IPO Advisor & Investor Relations Firm

Westwicke to Operate as ICR’s Healthcare Practice and Integrate ICR’s Capabilities in Public Relations, Crisis & Special Situations, Digital Branding and Governance Advisory Services

Bob East and Mark Klausner Will Continue to lead the Healthcare Practice as Managing Partners of ICR

New York, NY – January 3, 2019 – ICR, a leading strategic communications and advisory firm, announced today that it has acquired Westwicke Partners, the leading healthcare-focused investor relations firm in North America. Westwicke, and all of its team members, will combine with ICR’s existing healthcare investor and public relations practice, forming a new entity branded as Westwicke, An ICR Company. The new practice group will be co-led by Westwicke Founders Bob East and Mark Klausner.

The transaction advances ICR’s strategy to be the leading strategic communications firm serving companies with sector-focused expertise. ICR pioneered the model of having former sell-side analysts and other Wall Street professionals with dedicated sector expertise serve as IPO advisors, investor relations and capital markets advisors to clients. Adding Westwicke, which applies that same model to the healthcare sector, creates the leading communications practice serving this rapidly growing category.

Westwicke will remain a leading IPO advisor and investor relations firm servicing growing healthcare companies and, by combining with ICR, will expand its capabilities to now include ICR’s established practice areas of public relations, digital branding, crisis & special situations and governance advisory services. ICR’s PR team consists of more than 75 team members, including a dedicated team serving the healthcare industry. Both firms have capital markets advisory businesses which will be unified to support the needs of clients considering IPOs and other capital raising events including block sales and debt advisory.

Tom Ryan, CEO of ICR, stated, “We have always had the utmost respect for Westwicke and viewed them as the ‘ICR of Healthcare’. The Westwicke team has built an incredible business that mirrors our culture and commitment to excellence in client service and sector-focused strategic counsel. We couldn’t be more excited and look forward to their leadership in growing an integrated healthcare practice and contributing to the broader success of ICR.”

Mr. East and Mr. Klausner stated, “Joining forces with ICR represents a natural next step for our business and provides significant benefits for our clients and team members. We will continue to offer the same dedicated healthcare expertise while now being able to integrate a broader suite of services that our clients are increasingly asking for. We have known and admired the ICR team since we founded Westwicke and we are enthusiastic about building the next chapter of our business as part of ICR.”

Founded by Mr. East and Mr. Klausner in 2006, Westwicke provides IPO advisory, investor relations and capital markets advisory services to clients in the life sciences, medical technology and healthcare services sectors through a network of offices in Baltimore, Boston, New York, San Diego and San Francisco. With 29 team members and more than 100 clients, Westwicke is recognized as the leading investor relations and capital markets consulting firm serving the healthcare industry.

Michael Fox, Chief Client Officer for ICR, stated, “The convergence of communications continues to accelerate across all industries. We look forward to providing Westwicke’s clients, and all healthcare companies, a fully-integrated communications solution that combines the preeminent healthcare IR team with sector experts in public relations, crisis management, special situations and digital branding.”

About ICR

Established in 1998, ICR partners with companies to execute strategic communications and advisory programs that achieve business goals, build awareness and credibility, and enhance long-term enterprise value. The firm’s highly differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to more than 550 clients in approximately 20 industries. Today, ICR is one of the largest and most experienced independent communications and advisory firms in North America maintaining offices in New York, Norwalk, Boston, San Francisco and Beijing. ICR also advises on capital markets transactions through its ICR Capital subsidiary. Learn more at www.icrinc.com. Follow us on Twitter at @ICRPR.

About Westwicke Partners

Westwicke Partners provides customized strategic investor relations programs and independent capital markets advice to public and private healthcare companies. Westwicke focuses on the healthcare sector exclusively, and is headquartered in Baltimore with regional offices in Boston, New York, San Diego, San Francisco and London. For more information, please visit www.westwicke.com.

Media Contacts:

Michael Fox
203-258-9527
michael.fox@icrinc.com

Alexis Blais
203-952-9633
Alexi.blais@icrinc.com

 


05/08/19

ICR Publishes Guide to a Successful Special Purpose Acquisition Company (SPAC)

SPAC Issuance Continues to Grow as More Institutional Investors Embrace the Structure NEW YORK – May 7, 2019 – ICR, a leading strategic communications and advisory firm, today announced the release of ICR’s Guide to…

READ MORE
04/17/19

ICR ADDS MORE THAN 50 NEW CLIENTS IN Q1 2019

Healthcare Practice Sees Continued Growth Following Westwicke Partners Acquisition  New York, NY – April 16, 2019 – ICR, a leading strategic communications and advisory firm today announced the addition of more than 50 new clients…

READ MORE
01/10/19

ICR ANNOUNCES CANNABIS TRACK AND PANELS AT 2019 ICR CONFERENCE

New York, NY – January 9, 2019 – ICR, a leading strategic communications and advisory firm serving more than 650 private and public company clients, today announced its inaugural dedicated cannabis track at this year’s…

READ MORE
01/10/19

ICR ANNOUNCES SCHEDULE AND PANELS FOR THE 2019 ICR CONFERENCE

New York, NY – January 9, 2019 – ICR, a leading strategic communications and advisory firm serving more than 650 private and public company clients, today announced the schedule for the 21st Annual ICR Conference,…

READ MORE
01/10/19

SAMEER KHAMBADKONE TO JOIN ICR CAPITAL AS MANAGING DIRECTOR

ICR’s acquisition of Westwicke Partners expands ICR Capital’s reach into Healthcare IPO and Secondary Offering Advisory, with enhanced capability in Block Trade & Debt Advisory NEW YORK (January 10, 2019) – ICR Capital, a transaction…

READ MORE
01/09/19

ICR Asia Announces Record US$5.4 Billion in Capital Proceeds Raised for its Asia-Based Clients

Beijing, China (January 9, 2019) – ICR, a leading strategic communications and advisory firm serving approximately 650 private and public company clients, today announced that it provided capital markets communication support to Asia-based clients helping…

READ MORE
01/03/19

ICR Acquires Westwicke Partners, North America’s Leading Healthcare-Focused IPO Advisor & Investor Relations Firm

Westwicke to Operate as ICR’s Healthcare Practice and Integrate ICR’s Capabilities in Public Relations, Crisis & Special Situations, Digital Branding and Governance Advisory Services Bob East and Mark Klausner Will Continue to lead the Healthcare…

READ MORE
12/18/18

ICR ANNOUNCES JEFF FROMM AS KEYNOTE SPEAKER FOR ITS 21ST ANNUAL CONFERENCE

President of FutureCast and Barkley Partner to Discuss Marketing to Gen Z in the Age of Snackable Content New York, NY – December 18, 2018 – ICR, a leading strategic communications and advisory firm serving…

READ MORE
12/18/18

ICR ANNOUNCES APPOINTMENT OF PETER STABLER AS HEAD OF INTERNET INVESTOR RELATIONS PRACTICE

New York, NY – December 18, 2018 – ICR, a leading strategic communications and advisory firm serving approximately 550 private and public company clients, today announced the appointment of sell-side veteran Peter Stabler as Head…

READ MORE
11/28/18

ICR ANNOUNCES PRESENTING COMPANIES FOR ITS 21st ANNUAL CONFERENCE

New York, NY – November 28, 2018 – ICR, a leading strategic communications and advisory firm serving roughly 600 private and public company clients, today announced its preliminary list of presenting companies for its 2019…

READ MORE