Prosper Group Advises Washington Media Group on Successful Sale
We are pleased to announce that Washington Media Group (“WMG”), a nationwide public affairs firm specializing in supporting clients facing reputation, crisis and DC-centric issues, has been acquired by Crystal Patterson, an accomplished leader in public policy, through an internal sale transaction from founding owner Greg Vistica.
Prosper Group served as advisor to founding owner Greg Vistica in developing his exit strategy and to help hone the seamless process of transferring ownership of Washington Media Group (WMG) to Patterson, . Greg had identified Crystal as his successor more than a year ago and the transaction was finalized earlier this year.
With an impressive background in technology, political campaigns, international and corporate public affairs, Patterson will lead the company into a future marked by innovation, excellence, and dedication to client satisfaction. In fact, WMG just won a highly competitive and visible campaign from Qatar’s international media office account, where WMG will support Qatar's PR and communications efforts.
We are proud to work with companies like Washington Group and with owners like Crystal and Greg as they navigate the future course of their agencies. Prosper Group specializes in working with agency owners, keeping an agnostic eye toward identifying and then executing the best exit and sale path for them whether that be an external sale to an outside entity, a merger with another agency, an internal sale to a chosen successor or team, or ongoing passive ownership with minimal day-to-day involvement in agency operations.
About Prosper Group
Prosper Group is a consultancy comprised of former owners and senior executives of public relations and public affairs agencies. All have successfully exited their agencies, and they now use that experience to help current founders and owners achieve their business goals and maximize the value of their life's work. The group taps into their deep experience to implement their proven proprietary methodologies across agency performance, owner exit planning, and M&A transactions – all to drive both the owner's and the agency's success. To learn more about us, please visit our Services page.
If you are interested in talking to Prosper Group about growing your agency, exiting it, or have a merger or acquisition in mind, please reach out to us. You can reach founder Alex Halbur at Alex@prospergroup.net.
