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Inside KKR’s $775m plan to make FGS Global the world’s top CEO adviser

Senior figures involved in the private equity deal compare the growth plan to the rise of the big management consultancies in the 1980s

By

Sebastian McCarthy

When KKR first bought a 29% stake in FGS last summer, the expected exit route was an IPO, according to sources
When KKR first bought a 29% stake in FGS last summer, the expected exit route was an IPO, according to sources Photo: Getty Images

When a CEO has a problem, who are they going to call?

KKR is making a $775m bet that the answer will be FGS Global, the financial communications firm which it has acquired from WPP. 

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