Duff & Phelps, provider of governance, risk and transparency solutions, has announced the acquisition of Blackrock Expert Services Group, an expert advisory specialist firm of construction, technology, accounting and financial services professionals.
Blackrock Expert Services Group will join Duff & Phelps’ Disputes Consulting practice.
Giles Derry, CEO of the London-headquartered firm, will join the Disputes Consulting leadership team, reporting to Carl Jenkins, Global Head of Governance, Risk, Investigations and Disputes at Duff & Phelps. David Barry, Founder of the firm, will remain with the firm as a senior advisor to help drive strategic and geographic expansion of the business.
Derry commented, “Duff & Phelps is the ideal strategic partner to help us realize our global growth plans as we look to build out our services and geographic reach. Organizations are facing growing complexity and regulation that requires global expert advisory services. We will also help the Duff & Phelps team strengthen their disputes capabilities in Europe, Middle East and Africa. We see many areas of opportunity for collaboration, leveraging Kroll’s cyber risk, investigations and compliance expertise, and Duff & Phelps’ M&A, debt advisory and valuation services, to bring new capabilities to our clients. Duff & Phelps shares our core values of professionalism, quality, independence and integrity to provide best-in-class solutions to clients facing complex challenges, risk and uncertainty in their businesses, and we are excited to be part of the team.”
“Blackrock Expert Services Group’s market leading complex expert advisory services are highly complementary to Duff & Phelps’ existing services, and their construction dispute and advisory capabilities allow us to bolster our offering to our clients around the world,” added Jacob Silverman, President of Duff & Phelps. “I’m looking forward to working with Giles and everyone at Blackrock Expert Services Group to grow our collective business.”
With the acquisition of Blackrock Expert Services Group, Duff & Phelps now has nearly 300 disputes professionals worldwide.
-AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.