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Global advisory giant Brunswick explores capital raise
['Maria Ward-Brennan', 'Professional Services Editor']
City AM
Global advisory giant Brunswick explores capital raiseAlan Parker, chairman of Brunswick Group, Tokyo, Japan, Oct 2019.
Founded in 1987 by Sir Alan Parker, the advisory firm now has 27 global offices and advises C-suite executives and boards on mergers, acquisitions, IPOs, restructuring, and crisis communications.
Brunswick partners are expected to discuss options at their annual meeting in Washington this October, though no final decision has been made.
Advisory’s sector upheavalThe Brunswick news comes as the broader corporate advisory and strategic communications industry is going through a massive transformation.
Last year, advisory firm Teneo received fresh backing from a top Liechtenstein-based buyout firm, valuing it at $2.3bn (£1.73bn).