San Diego Business Journal

Formula Plotted Course That Led to Havas

PR: Acquisition Opened Door to Competing With Biggest Players By Sarah de Crescenzo Originally published June 29, 2017 at 2:35 p.m., updated June 29, 2017 at 2:35 p.m.
   

San Diego’s Havas Formula grew from a boutique PR firm to an international player following its acquisition by a French firm. Photo courtesy of Havas Formula

San Diego’s Havas Formula grew from a boutique PR firm to an international player following its acquisition by a French firm. Photo courtesy of Havas Formula

HAVAS FORMULA

Founded: 1992

CEO: Michael Olguin

Headquarters: San Diego

No. of local employees: 48

Revenue: $14.3 million in 2015; $17 million in 2016; $20 million (estimated) in 2017

photo

Michael Olguin

— Michael Olguin spent more than 20 years building Formula, the public relations firm he founded in 1992 in downtown San Diego and grew to become a bicoastal enterprise...

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