Ankura Acquires Red Flag Global, Bolstering Strategic Communications
Deal News | Feb 07, 2025 | PR Newswire Cision Ankura
Ankura Consulting Group, LLC, a leading global expert services and advisory firm, has announced its acquisition of Red Flag Global, an award-winning strategic communications and public affairs agency. This strategic move enhances Ankura's position as a provider of comprehensive solutions for clients dealing with increasingly complex commercial, political, regulatory, and reputational challenges. The acquisition also integrates Red Flag's expertise in strategic communications, public affairs, and campaign management with Ankura's multidisciplinary approach. Red Flag Global, founded in 2013 and with offices in Washington, DC, Brussels, London, Dublin, and Cape Town, will join Ankura's Global Strategic Advisory unit, further expanding its geopolitical and diplomatic capabilities alongside partners such as McLarty Associates and GreenPoint. Ankura's CEO, Kevin Lavin, emphasizes the synergy of both companies in delivering transformative results for clients. Karl Brophy, Red Flag Global's founder, expresses excitement about leveraging mutual strengths to offer unparalleled support to clients. The integration is expected to provide clients with enhanced strategies to navigate complex global environments and deliver measurable value.
Sectors
- Consulting Services
- Public Relations and Communications
- Strategic Advisory
Geography
- United States – Ankura Consulting Group is based in New York, and Red Flag Global has a significant presence in Washington, DC.
- Europe – Red Flag Global has offices in London, Dublin, and Brussels, contributing a substantial European presence and expertise.
- South Africa – Red Flag Global maintains an office in Cape Town, indicating its operational reach in the African continent.
Industry
- Consulting Services – This sector involves companies providing specialized advice and expertise to businesses or governmental entities. Ankura is engaged in providing expert consulting services globally.
- Public Relations and Communications – Firms in this sector assist with crafting and communicating strategic messages to diverse audiences. Red Flag Global operates within this domain, focusing on public affairs and strategic communications.
- Strategic Advisory – Firms offer guidance on complex strategies concerning business, politics, and governance. Ankura and Red Flag Global provide advisory services that include geopolitical and public affairs strategies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ankura Consulting Group, LLC | Bidding Company | Company | A global leader in expert services and advisory, providing comprehensive solutions to manage conflicts, crises, performance, risks, strategies, and transformations. |
| Red Flag Global | Target Company | Company | A strategic communications and public affairs agency known for helping major organizations transform strategies, campaign management, and influence building. |
| Kevin Lavin | CEO of Ankura | Person | Provides leadership and strategic direction at Ankura. |
| Fernando Batlle | Head of Global Strategic Advisory at Ankura | Person | Oversees the strategic advisory operations at Ankura. |
| Karl Brophy | Founder and CEO of Red Flag Global | Person | Leads Red Flag Global and announced the company's integration with Ankura. |
| McLarty Associates | Strategic Advisory | Company | A leading firm providing diplomatic and geopolitical advisory services. |
| GreenPoint | Strategic Advisory | Company | A consultancy focused on strategic advisory between the United States and China. |