LLYC Acquires 70% Stake in Lambert Global

Spanish communications firm LLYC has acquired an initial 70% stake in U.S.-based strategic communications agency Lambert Global, creating Lambert by LLYC and significantly expanding LLYC's U.S. presence. The deal (part of LLYC's growth plan) will triple its size in the U.S., adds nearly 130 professionals, and is expected to produce combined revenues of about $35.1 million.