NewsXPartners Corporation is on the Acquisition Trail

NewsXPartners Reporter

In the curiosity of buying new expertise, NXP has entered into discussions with potential acquisition candidates

NEW YORK, NY, UNITED STATES, September 28, 2022 /EINPresswire.com/ — A senior-level spokesperson for NewsXPartners Corporation (“NXP,” a New York-based publicity agency) confirmed immediately that the firm was actively engaged in discussions with a number of small “boutique” publicity and public relations corporations with a view towards making a number of strategic acquisitions in the first quarter of subsequent yr.

“We are anticipating a difficult economy for some time to come, and these smaller firms are going to have a difficult time surviving. Consolidation is probably the optimal solution, for both them and for us. For them, they can take advantage of our size and our existing managerial infrastructure for stability. For us, we can acquire some new sales and technical talent as well as some new client relationships. At NXP, we produce a great volume of consistently superior content to get our clients noticed in the media and in search engine results. It’s what we do best and what we’re known for. But on the other side, we need account executives, publicists and technical support if we want to continue to grow. Rather than trying to recruit for these responsibilities one person and one job at a time, it just makes sense to make modular additions, given the right terms.

This summer, we were courted by one of the major regional firms for a potential merger, but the bottom line in those discussions was that we would lose our NXP identity. We gave it some serious thought – the proforma numbers were impressive – but, in the end, our firm’s senior-most executives just couldn’t get comfortable with being swallowed whole by another, larger firm.

In making acquisitions of some of these boutiques, we can fuel our growth and expand our capabilities and services to clients while maintaining our brand and our company culture… and that’s important to us and to our clients, as well. Plus, we can gain some highly-qualified personnel to enhance our operations and services. It’s a win for us, and it’s also a win for the management of a smaller firm wanting to expand its footprint and its reach. They’ll be more to report in the coming weeks.”

About

NXP, a fast-growing nationwide publicity agency, really had its beginnings in 2006 as an off-the-cuff behind-the-scenes affiliation of impartial writers, reporters, journalists, publicists, and public relations professionals working collectively to advertise the reputations and branding of chosen purchasers. At that point, the purchasers had been predominantly privately- held firms in the Northeastern United States, and the principal media shops being leveraged had been the conventional print newspapers and magazines.

Since then, NXP has turn out to be absolutely nationwide by way of the geographical locus of its purchasers, and it is actively engaged in all types of e-media, together with digital publications, blogs and podcasts. It formalized its construction and included in 2022.

NXP offers a full vary of publicity and public relations providers, encompassing branding, identify recognition, picture growth, popularity administration, media relations, aggressive technique, and a number of others.

NewsXPartners Corporation is privately held by its founding members. For extra info, or to contact NewsXPartners Corporation, deal with correspondence to mediarelations@newsxpartners.com or phone 516-279-2076.

R. D. Hastings
NewsXPartners Corporation
mediarelations@newsxpartners.com
+1 516-279-2076