Alantra has advised the shareholders of Flint Global, the advisory firm supporting businesses and investors on political, policy, regulatory and competition issues, on its partnership with Cinven. The transaction will see Cinven become Flint Global’s new private equity partner, replacing GCP, which invested in the company in 2021.
Founded in London in 2015 by Ed Richards and Sir Simon Fraser, Flint has delivered significant growth over the past decade. After opening its first international office in Brussels in 2016, led by Gregor Kreuzhuber, Flint quickly expanded internationally and broadened its service offering. Today, Flint operates from London, Brussels, Paris, Berlin, Amsterdam, Hong Kong and Singapore, enabling it to support clients facing intensifying geopolitical risk and increasingly complex global regulation. Since GCP’s investment four years ago, Flint Global has more than doubled its global headcount to over 170 people and expanded its global presence to seven offices worldwide.
Cinven’s investment will provide significant support for the continued growth of Flint Global’s operations through organic investment and targeted acquisitions across its core services and geographies.
Commenting on the investment, Flint’s CEO James Purnell said: “We are thrilled to be partnering with Cinven at this pivotal moment in Flint’s journey. Their backing will enable us to build on our strengths, invest in our people, and offer our services in more markets. Alantra did a fantastic job of running a tight process to find our next investor, and their understanding of the specialist consulting market and how to articulate our equity story was phenomenal.”
Ed Richards and Sir Simon Fraser, co-founders of Flint, concluded: “We founded Flint to help clients navigate an increasingly complex political, regulatory and economic environment. We are deeply proud of the company’s achievements over our first ten years. We thank our clients and colleagues – and GCP, our first investor – for their support. Cinven’s investment recognises that success and will accelerate Flint’s next phase of growth under James’ leadership.”
Richard Holden, Managing Director at Alantra, who led the deal, said: “Flint is a high-performing consulting business with a unique, scalable proposition that is set to be the world leader in a fragmented market. We are proud of having represented GCP and the Flint team through a highly competitive process that delivered a successful outcome for all stakeholders.”
This transaction reinforces Alantra’s strong track record of advising high-quality professional services businesses. It follows other successful professional services mandates such as advising Bishop Fleming on its minority investment from Synova, and supporting AAB on its sale to Goldman Sachs Alternatives earlier in the year.