Ankura Consulting Group, a business advisory and expert services firm, has received a growth commitment of $100 million from Madison Dearborn Partners (MDP). The investment will be funded to support Ankura’s expansion in the governance, risk, compliance and restructuring services sectors.
Ankura Consulting Group’s services include forensic and dispute consulting, turnaround and restructuring consulting, financial risk and controls advisory, corporate investigation, geopolitical risk assessment, transaction advisory, valuation and visual communications services. Customers include both corporate and public sector clients. The company is headquartered in Dallas with additional offices in Atlanta, New York, Los Angeles and Washington DC (www.ankuraconsultinggroup.com).
“Ankura has experienced tremendous success since our founding in 2014, and we are so pleased to have MDP as a partner who understands our strategy and vision for the business,” said Roger Carlile, founder and Chief Executive Officer of Ankura. “With MDP’s support, we will continue building leading positions in growing sectors by attracting and retaining the very best talent in our chosen fields, adding to our capabilities through selective transactions and fostering a culture centered on our core values of collaboration, innovation and client service.”
Madison Dearborn Partners has more than $18 billion of capital under management. Sectors of interest include financial and transaction services; business and government services; health care; basic industries; consumer; and telecom, media and technology services. Madison Dearborn was founded in 1992 and is based in Chicago (www.mdcp.com).
“Ankura, with Roger and his team of highly experienced and respected executives, is very well positioned to become a true standout in its industry,” said Vahe Dombalagian, a Managing Director at MDP and a member of the firm’s financial & transaction services team. “MDP has known Roger for a long time and we are excited to start working with Ankura to support its continued expansion toward becoming a world-class consulting firm.”
RBC Capital Markets (www.rbccm.com) was the financial advisor to Ankura and Cole Schotz (www.coleschotz.com) provided legal counsel. Kirkland & Ellis (www.kirkland.com) provided legal advice to MDP.
© 2016 Private Equity Professional • Private Equity’s Leading News Magazine • 3-7-16
