News

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.
View PDF

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.

Joele Frank Named Top 2020 Bankruptcy Communications Advisor by The Deal

January 25, 2021 – The Deal named Joele Frank as the #1 bankruptcy communications advisor in 2020, a year that saw a 29% increase in corporate bankruptcies. The firm advised on Chapter 11 restructurings of approximately $78.3 billion in debt for companies across industries, including aviation, healthcare, oil and gas, real estate, retail and technology. This marks Joele Frank’s second consecutive year in the top spot.

The firm’s recent Chapter 11 assignments include advising Ascena Retail Group, Avianca Holdings, Denbury, Frontier Communications, J.C. Penney, Pier 1, Mallinckrodt, Oasis Petroleum, Pennsylvania Real Estate Investment Trust, Shiloh Industries and Skillsoft.

Arielle Rothstein Recognized as a “Rising Star” in the PR Industry by Observer

January 12, 2021 – Arielle Rothstein, a Managing Director at Joele Frank, has been named a PR “Rising Star” by Observer in its annual list recognizing “the fresh faces fueling the industry.” Since joining Joele Frank in 2013, Arielle has overseen multibillion dollar mergers, contentious shareholder activism campaigns, high-profile hostile defenses and management changes. Both inside the firm and among her clients, Arielle is known for her “exceptional judgment and calm-under-fire attitude.”

Bloomberg Recognizes Joele Frank as Top Corporate Shareholder Activism Defense Advisor in 2020

January 8, 2021 – Bloomberg recognized Joele Frank as the top corporate shareholder activism defense advisor in its 2020 Global Activism Market Review. Joele Frank advised companies on 74 activist situations and was recognized as the top activism IR advisor across a number of categories, including:
  • Total Number of Engagements;
  • Engagements for U.S. Companies;
  • Engagements by Aggregate Market Capitalization; and
  • Engagements by Aggregate Activist Stake Value.
View PDF