LONDON: FTI Consulting is on the verge of sewing up a deal for thought leadership and public affairs consultancy TLG Partners.
Malcolm Gooderham, the founder of TLG, is expected to join FTI as part of the acquisition. The firms were working on final details at the time of publication.
TLG set up media arm TLQ a year ago, launching a quarterly digital magazine also called TLQ, which Gooderham likened to “TED meets Harvard Business Review.”
Public affairs is understood to make up a third of TLG's business. Its clients in the sector include Yorkshire Water, Serco, and Prudential, according to the register kept by the Association of Professional Political Consultants.
FTI's former incarnation, Financial Dynamics, bought New Labour lobbying outfit LLM in 2005, but the brand name was dropped in 2008 following a number of senior departures.
In 2011, FTI came close to acquiring Portland, but the deal fell through and Omnicom bought the public affairs agency in 2012.
Gooderham launched TLG after quitting Weber Shandwick in 2007, going on to win a PRWeek UK Award for best new agency and picking up clients such as Nestlé, Asda, and Kingfisher.
FTI Consulting and TLG Partners declined to comment.
This story originally appeared on the website of PRWeek UK.