Jan. 8 (Bloomberg) -- IMG Worldwide Inc., which manages professional athletes such as quarterback Peyton Manning, tennis player Novak Djokovic and skier Lindsey Vonn, acquired Catalyst Public Relations as part of its consulting business.
IMG Chairman and Chief Executive Mike Dolan said Catalyst is a “perfect fit” and has a history of success in U.S. professional sports as well as with global properties such as the Olympics and soccer’s World Cup.
“This acquisition is part of an ongoing plan to further expand our portfolio of key marketing services we can provide our consulting clients around the world,” said George Pyne, president of IMG’s Sports and Entertainment Group.
Financial terms of the agreement weren’t disclosed.
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