Public affairs consultancy Hume Brophy has been acquired by Penta, a multinational peer controlled by Falfurrias Capital Partners in Charlotte. North Carolina.
Founded in 2005 by John Hume and Eoin Brophy, Hume Brophy is an integrated communications and government relations firm with offices in London, Brussels, Dublin, Frankfurt, Paris, Hong Kong, and Singapore.
Hume Brophy Group Ltd, the owner of the Ireland operating company Hume Brophy Communications Ltd, was owned equally by John Hume (54) and Eoin Brophy (51).
Penta said the Hume Brophy team of c.100 professionals will provide additional expertise in sectors including energy, transportation and mobility, agribusiness, and financial services.
Hume Brophy's chief executive, Conall McDevitt, will become Managing Partner, Europe and Asia, at Penta.
In Association with
Penta said that John Hume and Eoin Brophy will act as senior advisors at Penta.
In a joint statement the agency principals commented: “This is a natural and exciting progression for Hume Brophy. It is an opportunity for our talented and dedicated colleagues to lead Penta's growth in Europe and Asia, and to work as one team on a new and exciting global platform that will compete with the very best in the world.
“Our business model, based on strong local businesses in key strategic hubs, combined with specialist international practices, is a differentiator in a highly-competitive market. We look forward to bringing this approach to Penta as we begin our journey together."
Penta was established in September 2022 following the merger of Ballast Research, Hamilton Place Strategies, Flag Media Analytics, alva, Gotham Research Group, and Decode_M.
Falfurrias Capital Partners is a private equity investment firm founded in 2006 by Hugh McColl Jr, former chairman and CEO of Bank of America, and Marc Oken, former CFO of Bank of America.
Penta president Matt McDonald stated: "Leaders are increasingly required to solve complex challenges under public scrutiny and engage with a growing set of stakeholders. As we look to provide the actionable intelligence businesses need to inform their decision-making, we are excited to welcome the Hume Brophy team to Penta.
“Their deep understanding of the issues that matter most to our clients and unmatched access to the highest level of international decision-making will significantly bolster Penta's strategy offerings across the globe."
Photo: John Hume, co-founder of Hume Brophy
