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Velocity principals Alex Nieroth and Bob
Wilhelmy are partners at Connecticut Consulting Group
(CCG), a premier strategic consulting agency.
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Velocity principal Mike Reisman is part
of the sports and entertainment marketing empire built
by Don Ohlmeyer. As part of Ohlmeyer Communications,
Reisman lands an account with IBM to manage its Major
League Baseball sponsorship.
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DMB&B Advertising buys CCG and merges
it with Ted Colangelo Associates to create a new marketing
communications agency dubbed Clarion Marketing and Communications.
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Ohlmeyer Communications is sold to Young
& Rubicam. The sale includes the transfer of the
IBM business.
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At Clarion Marketing and Communications,
Nieroth steps forward to create ClarionPerformance Properties
(CPP), the company's sports and entertainment marketing
division.
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Reisman and several others leave Y&R
to create International Sports & Entertainment Strategies
(ISES). Reisman and his partners bring along several
accounts including IBM and Shell, and quickly add the
FedEx account to their roster.
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Velocity Principal Dave Grant leaves the
National Basketball Association and joins Nieroth and
Wilhelmy at Clarion.
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Clarion Marketing and Communications purchases
Reisman's ISES along with its IBM, Shell and FedEx accounts.
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Sensing the time is right for a specialized
sponsorship agency, the group finalizes arrangements
with Clarion to spin out a new independent firm, and
Velocity Sports & Entertainment is born.
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Velocity makes its first acquisition,
purchasing The Event Company and expanding into the
meeting planning business. They also open an office
in Washington, D.C.
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Velocity enters the PROMO 100 at #99.
Velocity's FedEx/NFL Air & Ground promotional campaign
is named by the PMA as one of the top three most effective
long-term promotions in the industry.
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Velocity consolidates its three Westport
offices into one location in Wilton, CT. In addition,
Harlan Stone, one of the leading executives in the sports/entertainment
marketing industry, joined the agency. Stone was CEO
of Momentum Worldwide, a division of McCann-Erickson
World Group, one of the world's largest marketing communications
companies.
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Velocity jumps to number 19 on the PROMO
100 list and becomes the highest ranking sponsorship
agency on the list.
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Velocity reengages Gillette as a client,
having served them for eight years when part of Clarion.
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The FedEx/NFL Air & Ground was again
named by the PMA as one of the industry's most effective
long-term promotional campaigns. The campaign also won
a Bronze GLOBE award in a worldwide competition for
most effective long-term promotion of the year.
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Velocity expands its presence to Europe
with the opening of a London based office. New client
wins in 2003 included Lilly Icos (Cialis), The Home
Depot, Citizens Bank and ConAgra Foods.
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Velocity Alliances group launched in support
of Little League and Activision clients.
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Velocity launches new municipal marketing
division by acquiring the Marketing Alliance Group,
headed by Jeff Ferguson.
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Velocity also hires its 90th employee.
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Velocity joins forces with Aegis. Announces
intention to create the leading global sports and entertainment
event marketing capability in the industry.
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Due to its rapid growth, Velocity moves
its corporate headquarters to larger offices in Norwalk,
CT.
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