FD snaps up Irish agency K Capital

FD has bought Dublin-based K Capital Source - the financial agency that advises Aer Lingus, Smurfit Kappa and Independent News & Media.

K Capital was founded in 2003 by Mark Kenny and Jonathan Neilan, cashing in on Ireland's booming economy.

'Source is a company we have long admired and we welcome Mark, Jonathan and their colleagues into our expanding global network,' said FD in Ireland chairman Declan Kelly.

K Capital Source's founder Mark Kenny said: 'Our partnership with FD and its parent, FTI Consulting, provides us with a logical platform to accelerate our growth.'

The sale price is being kept secret to comply with Sarbanes-Oxley rules.

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