Broad Sky Partners, a private equity firm that partners with middle-market business services and consumer companies, has made a significant investment in Bully Pulpit Interactive, a communications and public affairs agency.
BPI offers marketing and communications services to a range of clients, including Fortune 100 brands, advocacy groups, philanthropies and campaigns. BPI has over 200 full-time employees across offices in Washington D.C., Chicago, San Francisco and New York, in addition to its remote workforce. Through Broad Sky’s network, industry experience, and value creation capabilities, the firm aims to help BPI expand its services base and enter new markets organically and through M&A. The investment will also support the development of platforms to measure impact and the growth of BPI’s employee base.
“The Broad Sky investment is backing BPI and the team to invest in the next chapter of our growth story,” comments Andrew Bleeker, president of BPI. “We’re excited about the prospect of exploring future acquisitions and the opportunity to diversify our offerings, expand to new markets, and further advance in our technology.”
Berenson & Co. served as financial advisor and Morrison Cohen LLP served as legal advisor to Broad Sky.