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Top story: KKR hires McKinsey for more growth strategy work
Source: Financial Times
Growth Strategy: FGS Global has hired McKinsey & Co. to develop a growth strategy as part of “Project Thunder,” aiming for ambitious targets from 2025 to 2027.
Private Equity loves McKinsey: KKR & Co., nearing completion of its takeover with an 80% stake, values FGS at $1.7 billion, highlighting plans to boost FGS's growth with McKinsey’s strategic guidance.
McKinsey’s latest endeavor? Project Thunder.
FGS Global, a leading corporate communications firm, has enlisted McKinsey & Co. to guide its growth strategy as private equity firm KKR nears completion of its takeover. This three-month initiative, termed “Project Thunder,” seeks to outline ambitious growth plans for 2025-2027. McKinsey, renowned for its data-driven approach to boosting growth through sales innovation and operational efficiency, will be advising FGS leaders on the project.
The effort is led by FGS’s corporate development head Mareike Oldemeinen and Chief of Staff James Leviseur, collaborating with McKinsey’s Tom Bartman and Homayoun Hatami. KKR’s increased stake in FGS, valued at $1.7 billion, underscores its commitment to accelerating FGS’s growth with McKinsey’s expertise in strategy and performance optimization.
Read more here.
Gossip roundup
Source: Bain
Crowded, but interesting
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