Gregory FCA, the Ardmore-based public relations firm, has received a minority investment of $7 million from Boston’s Copley Equity Partners, writes Laura Smythe for the Philadelphia Business Journal.

This new funding will go towards expanding the company as well as enhancing the technology it uses.

According to Founder Gregory Matusky, the firm will use the capital to double or triple its size. Currently, it employs 78 people and plans to add another 15 to 20 within a year.

The company, founded three decades ago, has since developed a national client base that brought in $11.4 million billings last year.

For the future, the company’s long-term goal is to open new offices, potentially in New York or Silicon Valley. For now, it is primarily focusing on adding more employees.

Following this investment, Matusky and Gregory FCA President Joseph Anthony will remain majority partners and lead the company from its home in Ardmore.

Matusky said the newest injection of funds will aid the firm in “investing in A-list talent, acquiring new service offerings to better support current clients, and more deeply penetrating the verticals we serve.”

Read more about Gregory FCA at the Philadelphia Business Journal by clicking here.

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