Financial services specialist Vested has purchased London agency Templars Communications, giving the firm its first overseas office.
Templars CEO and founder Kitty Parry will serve as Vested UK’s senior advisor. Her role will include executive-level counsel, as well as advising the firm on large-scale issues that impact financial services companies. A search is underway for a regional CEO.
According to a Vested statement, the opening of a UK office is the agency’s first step in growing a presence throughout Europe. Launching the effort in London gives the New York-based agency operations in two key financial centres, it said. Templars brings to the deal a client roster including Tavistock Investment and Multrees, Vested said in announcing the acquisition.