NEW YORK, May 20, 2013 /PRNewswire/ -- 5WPR, the New York-based full-service public relations agency, announced today first quarter growth of 20 percent (Q1 2013 over Q1 2012). The firm is projecting $17 Million in revenue in 2013. With industry heavy-weight clients including Welch's Fruit Snacks, Krups, Cold-EEZE and more, 5W is steadfastly holding its place as one of the industry's leading privately owned public relations agencies.
The year-over-year increase marks 5W's eleventh consecutive year of growth. The increase is primarily driven by 5W's consumer facing business, as well as significant success in technology and health & beauty. With further development of their digital media and public affairs practices already underway in 2013, the agency is also exploring areas where geographic expansion makes sense.
The agency's growth has led to an increase in business and employee headcount – now at over 110 employees. With a 25 percent increase in staff year-over-year, 5W moved today to a new 38,000 square foot office located at 1166 Avenue of the Americas, 4th floor, in the heart of mid-town Manhattan.
"Our business has had unwavering results in recent years," says 5W CEO, Ronn Torossian. "Due to our continued rapid growth we need more space. We are excited that we are staying in mid-town Manhattan, where 5W was born over 10 years ago. We chose the new location because it is open and light and offers us the space needed to handle our future growth. There has never been a better time, or more opportunity, at 5W."
ABOUT 5W PUBLIC RELATIONS
5W Public Relations (5W) is a full-service agency known for cutting edge programs that engage people with businesses, issues and ideas. With more than 110 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications, Reputation Management, CSR, Sustainability Communications), Public Affairs, Crisis Communications and digital strategy, 5W brings leading businesses a resourceful, bold and results driven approach to communications. Learn more at www.5wpr.com.
Contact: Ronn Torossian, 5W Public Relations 212-999-5585 firstname.lastname@example.org
SOURCE 5W Public Relations