Investor Relations Firm Bought.

Public relations giant Manning, Selvage & Lee has beefed up its investor relations presence with the acquisition of Pondel/Wilkinson Group, a Los Angeles-based corporate and investor relations firm.

Terms of the transaction were not disclosed.

The newly acquired company

The acquisition of Pondel/Wilkinson is the latest in a series of strategic moves to expand MS&L's global corporate practice. Recently, the company added former White House communications strategist Lawrence Haas as senior vice president and director of public affairs. Other recent acquisitions include workplace communications firm Deeley Trimble, and Toronto-based corporate and financial firm Advance Planning.

In addition to investor relations, MS&L's global corporate practice capabilities encompass public affairs, crisis, corporate and financial communications, media relations, brand management and internal communications. Clients in the practice include J.P. Morgan, General Motors, Capital One, Coca-Cola Enterprises and IBM.