Ankura buys strategic communications firm Red Flag Global

Ankura, a New York-headquartered advisory and forensic accounting firm, has acquired Red Flag Global, a Dublin, Ireland-based strategic communications and public affairs agency.

Founded in 2013, Red Flag has offerings across digital campaigns, communications, government relations, reputation management, and research and data, among others. The firm works with large organizations across the globe.

Red Flag has 40+ employees listed on LinkedIn and offices in Dublin, Brussels, London, Cape Town, and Washington, DC.

Ankura’s acquisition of Red Flag will add communications and public affairs capabilities to its global strategic advisory practice.

The firm’s global strategic advisory practice includes McLarty Associates, a commercial diplomacy firm that was acquired in 2021, and GreenPoint, a US-China strategic advisory firm that was acquired in 2023.

“By combining Red Flag's full spectrum strategic communications and public affairs capabilities with our geopolitical, commercial diplomacy, and operational expertise, we will provide clients a further differentiated approach to transforming market insights into decisions, relationships, and messages that change the game,” said Fernando Batlle, head of global strategic advisory at Ankura.

Ankura has more than 2,000 professionals across 35+ global locations. The firm works with clients across industries on engagements in turnaround, finance, operations, risk and disputes, investigations, talent, data, and AI.

“Red Flag Global prides itself on transforming how our clients strategize, communicate, campaign, and influence,” said Karl Brophy, CEO of Red Flag Global. “We excel in anticipating ‘Red Flag moments’ that demand action to seize opportunities and mitigate challenges, and we are hugely excited to join Ankura and leverage our mutual strengths to offer clients unmatched support.”