Core Insights - LLYC has completed the acquisition of the remaining 30% stake in Lambert Global, achieving full ownership ahead of schedule, which strengthens its position in the U.S. market [1][2] - The purchase price for the remaining stake will be paid in LLYC shares and is contingent on Lambert Global's average net revenue performance over 2025 and 2026 [2] - The U.S. has become LLYC's second-largest market by revenue, accounting for 22% of operating revenue in 2024 [2][4] Company Strategy - The full integration of Lambert Global allows LLYC to consolidate 100% of its U.S. operations, enhancing service delivery efficiency [3] - LLYC's U.S. leadership team remains unchanged, with Mike Houston as CEO and Jeff Lambert as Chair [3][8] - Alejandro Romero, Global CEO of LLYC, emphasized the strategic commitment to the U.S. market as a core growth driver [4] Financial Performance - LLYC's operational revenue grew by 19% to €93.1 million in 2024 [4][7] - Since 2020, LLYC has doubled in size and recurring EBITDA [4] - LLYC is ranked among the top global communications firms and was recognized as the Top Communications Consultant in Europe at the 2025 PRWeek Global Awards [7]
LLYC acquires 100% of Lambert
Globenewswire·2025-07-02 13:00