Whether a client is fac- ing an immediate business challenge,
trying to increase the value
of their company or protect
against future risks, Ankura designs, develops, and executes
tailored solutions by assembling the right combination of
expertise. Roger Carlile, Chairman and CEO of Ankura, sat
down with Consulting to discuss the firm’s No. 5 ranking.
Consulting: What were the main
factors that contributed to your firm’s
Carlile: Ankura has experienced a
period of rapid expansion since its
formation less than five years ago
in 2015. Following the addition of
a number of highly respected experts and consultants within a few
key practice areas, Ankura received
a strategic growth commitment of
$100 million from Madison Dearborn Partners to support expansion
as a leading, independent consulting
firm focused on governance, risk,
compliance and restructuring services in high-value sectors.
Consulting: How is this year shaping
up for your firm?
Carlile: 2019 has been an excep-
tional year for Ankura. We continue
to concentrate on our collaborative
culture to help differentiate us in the
market place; we have consolidated
our acquisitions which underpin our
remarkable growth story; we have
remained agile to service the needs
of our clients seamlessly across inter-
national borders; we will experience
significant revenue growth for the 5th
consecutive year; and, we continue
to build a scale-able infrastructure to
support further growth.
Consulting: How would you describe
your firm’s outlook for 2020?
Carlile: Ankura’s outlook for 2020
is a positive one. We may consider
a further acquisition to bolster our
business and enable us to further expand our client offering. Our board
expects to see sustained growth for
this financial year as we continue
to respond to our clients’ complex
challenges. Opportunities will present themselves from many industries
and sectors during 2020. Increasing
levels of regulatory requirement, advancements in technology and data,
macro-economic shifts and the demand for greater efficiency and productivity will have an impact on all
industries across the globe, so our
experts are poised to help smoothly
steer organizations across the globe
through this unchartered territory.
Consulting: What are your firm’s
biggest challenges in 2020?
Carlile: Ankura has made significant investments in people, systems,
and technology to support this growing wave of factors, as evidenced by
the various acquisitions our firm has
made in recent years. For instance,
our recent acquisitions in legal technology advisory from Navigant and
the technology advisory capabilities
resident in the c3/consulting business have dramatically augmented
our investments in professionals specializing in frontline technology, cybersecurity, cryptocurrencies, virtual
assets, and other blockchain-related
technologies to better meet our clients’ needs around the globe.
Consulting: What does being named
a Fastest Growing Firm mean to your
firm, employees and clients?
Carlile: Being named a Fastest
Growing Firm is a true testament to
the expertise of our professionals,
the strength of our brand, and the
speed and flexibility with which we
can adapt to the global marketplace.
It shows our clients that while our
approach differentiates us from other consulting firms, we have a truly
unique and valuable offering that
delivers for clients. The growth in
our business is mirrored in our approach to nurturing our employees,
and the continued growth of Ankura brings with it many development
opportunities for our professionals.
5*REVENUE GROWTH: 863% HQ: WASHINGTON, DC FASTEST GROWING