M&A

Adfactors PR Buys Into Australia With a Majority Stake in SenateSHJ

India's largest PR firm has taken control of one of Australia's most respected independent consultancies, betting that the India-Australia corridor is about to need a lot more reputation counsel.

BRNDWIRE StaffNewsroomAug 22, 20263 min read
M&A
Adfactors PR Buys Into Australia With a Majority Stake in SenateSHJ

The independent end of the communications market has spent two years being consolidated quietly, and the latest deal has a geography worth noticing.

Adfactors PR, India's largest public relations firm, has acquired a majority stake in SenateSHJ, the independent Australian consultancy known for reputation work, critical issues advisory and change communications. The transaction expands the Indian group's footprint across Asia Pacific and gives it an owned platform in a market where its clients increasingly operate.

SenateSHJ keeps its name, its client teams and its leadership — co-founder and chair Angela Scaffidi AM and chief executive Darren Behar remain in place, with the business continuing to run from its Sydney and Melbourne offices. Adfactors PR chief executive Nijay N. Nair, who also leads the firm's M&A and global initiatives, joins the SenateSHJ board.

"SenateSHJ is a formidable business with an outstanding reputation, exceptional leadership and proven expertise in solving complex communication challenges," said Adfactors PR co-founder and managing director Madan Bahal, who framed the deal around India and Australia emerging as a strategic business corridor. Co-founder and chairman Rajesh Chaturvedi described it as extending the firm's "relationship capital" into Australia.

The structural read is more interesting than the price. Adfactors has built its business over 29 years serving India Inc. through successive cycles, and the client base it serves is now outbound in a way it was not a decade ago. Buying a crisis-and-reputation specialist in Sydney is less an expansion play than a service-continuity one.

For Australia's remaining independents, the signal is familiar: the buyers are no longer only the holding companies out of New York and London.

BRNDWIRE Staff

Newsroom, BRNDWIRE. Covering m&a for strategists and marketers worldwide.

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