According to a release from the firm, they saw an 18% increase in revenues in 2008, to $4.3 million. In spite of reports of contraction in advertising and PR, LEA added 20 clients and 5 new staffers. The downtown Grand Rapids office space expanded by 30% to include a studio and equipment for media training as well as podcast production and other new media applications.
The firm, whose services include counseling clients through the M&A process, plans to be involved in its own merger or acquisition with another PR firm this year. Stay tuned.