Cinven is making a majority investment in Flint Global (Flint), a specialist professional services firm which advises corporates and investors on regulatory, policy, competition and economics matters. Financial details of the transaction were not disclosed.
Founded in London in 2015 by Ed Richards and Sir Simon Fraser, Flint has delivered significant growth over the past decade. Following the opening of its first international office in Brussels in 2016, Flint expanded internationally and broadened its service offering.
Today the group has a network of offices in London, Brussels, Paris, Berlin, Amsterdam, Hong Kong and Singapore. It brings together multi-disciplinary expertise with deep regulatory and policy experience, serving a client base across a range of sectors and geographies, including technology, energy, financial services and infrastructure.
Cinven believes Flint represents a compelling primary investment opportunity as the firm operates in a fast-growing segment of the professional services industry, driven by increasing geopolitical challenges, global regulatory complexity and the growing interplay between public policy and the broader economy. Cinven also sees significant opportunity to accelerate the firm’s next phase of growth by expanding its practice areas and supporting further international expansion, including through M&A.
Flint’s co-founders, Ed Richards and Sir Simon Fraser, will remain significant shareholders and active partners, while both will remain on the Board of Directors. The transaction will complete by year end.
