Ankura Expands Strategic Communication Reach with Red Flag Global Acquisition
Deal News | Feb 07, 2025 | PR Newswire Cision Ankura
Ankura Consulting Group, a prominent global advisory firm, has announced its acquisition of Red Flag Global, a highly regarded firm in strategic communication and public affairs. This acquisition is expected to enhance Ankura's capabilities in offering comprehensive solutions to global clients facing complex scenarios in business, policy, trade, and reputation. Red Flag Global, with offices in key cities like Washington DC, Brussels, and London, brings unmatched expertise in strategic communication, public affairs, and campaign management, complementing Ankura's multidisciplinary approach. The combination promises transformative results for clients by converting market insights into groundbreaking decisions and messages. Ankura, with its extensive global network and diverse expertise, aims to address major business challenges through innovative strategies that enhance governance and regulatory insight. Red Flag Global joins Ankura's Global Strategic Advisory operations, which include notable entities like McLarty Associates and GreenPoint, further solidifying Ankura's ability to deliver client-focused solutions.
Sectors
- Strategic Communication
- Public Relations and Public Affairs
- Management Consulting
Geography
- United States – Ankura is headquartered in New York, making the US a significant geography in the context of the acquisition.
- Belgium – Red Flag Global has a presence in Brussels, one of its strategic locations, underscoring its influence in European public affairs.
- Ireland – Dublin is one of the key locations for Red Flag Global, illustrating their international reach and operational centers.
- United Kingdom – London is a pivotal location for Red Flag Global's operations, further indicating its footprint in major global markets.
- South Africa – Cape Town is among Red Flag Global's office locations, highlighting their presence in the African continent.
Industry
- Strategic Communication – The acquisition is primarily focused on enhancing capabilities in strategic communication, helping organizations in developing and executing communication strategies and campaigns.
- Public Relations and Public Affairs – Red Flag Global's expertise in public affairs forms a key part of their service offering, contributing to the ability to influence policy and manage public perceptions.
- Management Consulting – Ankura Consulting Group operates within this industry, providing a broad range of strategic advisory and management solutions globally.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ankura Consulting Group | Acquiring Company | Company | A global advisory firm providing end-to-end solutions for conflict, crisis, performance, risk, strategy, and transformation management. |
| Red Flag Global | Target Company | Company | An award-winning strategic communication and public affairs firm with expertise in campaign management and communication strategies. |
| Kevin Lavin | Executive Leader | Person | Chief Executive Officer at Ankura, leading the acquisition and integration at a strategic level. |
| Fernando Batlle | Strategic Leader | Person | Head of Global Strategic Advisory at Ankura, providing insights on strategic integration and client solutions. |
| Karl Brophy | CEO and Founder of Target | Person | Founder and Chief Executive Officer of Red Flag Global, overseeing its transition and integration into Ankura. |
| McLarty Associates | Advisory Partner | Company | A global commercial diplomacy and geopolitical advisory firm, part of Ankura's strategic advisory operations. |
| GreenPoint | Advisory Partner | Company | A respected strategic advisory firm in the US and China, aligning with Ankura in providing client-focused solutions. |