Enero sells stake in Frank PR as part of management buyout

Zanda Wilson

March 3, 2021 11:07

Enero Group Limited has sold its interest in Frank PR as part of a management buyout by founder and chairman Graham Goodkind and managing director Alex Grier.

Goodkind and Grier were two of Frank PR’s existing 25% minority shareholders, with Enero holding a 75% stake.

In an ASX announcement, Enero revealed it has now sold the agency which was originally acquired in 2007. Frank PR’s Australian operations shuttered in 2020.

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Zanda Wilson

Zanda Wilson was a reporter and podcast producer at Mumbrella, specialising in radio reporting. He left Mumbrella in September 2021.