Arthur D. Little Acquires MAG to Expand Media & Telecoms Practice in the US and Globally
13.4.2021 15:48:00 EEST | Business Wire | Press release
Global management consultancy Arthur D. Little (ADL) today announced it has acquired MAG, a US-based management consultancy focused on the convergence of media, technology, and wireless. The deal expands ADL’s global Telecommunications, Information Technology, Media, and Electronics (TIME) Practice and brings additional senior-level expertise to the firm’s growing presence in the US and abroad.
Founded by media and telecoms veterans Shahid Khan, Mark Rowland, George Yun and Fred Boxa, MAG is built around a senior team of seasoned, highly regarded industry experts. The firm brings with it a history of end-to-end engagements spanning from strategy through execution, with a strong reputation for delivering impactful results to some of the world’s leading media brands and communications companies. The team’s expertise addresses critical concerns in the media marketplace through solutions focused on networks and technologies, content and media, and the future of operations.
“The acquisition of MAG is an exciting addition to ADL’s continued expansion in the US market and beyond,” said Craig Wylie, Managing Partner of ADL US. “It follows ADL’s recent partner-level hires in the US Travel and Transportation, and Energy sectors.”
Karim Taga, Managing Partner of ADL Global TIME Practice added, “The MAG team has an extensive track record across the value chain of the media sector, and we know they will provide outstanding senior-level depth to our already strong media and technology capabilities.”
MAG is led by Shahid Khan, a prominent thought leader and serial entrepreneur in the media sector with more than 25 years of experience. The team will work out of ADL’s US offices to service clients in both the US and abroad.
“Our team at MAG is thrilled to join ADL,” said Mr. Khan. “Our culture blends perfectly with ADL’s emphasis on client-focused innovation, execution, and entrepreneurial spirit, while our experience with some of the world’s leading media brands will bring new ideas and opportunities for advances within the industry.”
Ignacio Garcia Alves, Chairman and CEO of ADL, concluded, “As we continue our global growth, we embrace the addition of teams and companies that, like ADL, prioritize innovation and leverage their deep industry expertise to act as ‘breakthrough enablers’, helping our clients to Anticipate, Innovate and Transform. The acquisition of MAG is another important piece of that attractive value proposition.”
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005692/en/
Contact information
For more information:
Alex DeBlois
Longview Strategies
+1.978.225.9253
adeblois@longviewstrategies.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 16:00:00 EEST | Press release
Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or leaves, the subscription keeps running, with no swapping cards and no missed payments. Cover a one-time purchase. Issue a virtual card for a single transaction like event r
Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 15:30:00 EEST | Press release
Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity is not limited to predictable travel peaks, with organized fraud rings continuously adjusting their methods throughout the year. Riskified's travel n
PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 14:54:00 EEST | Press release
PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets under management and achieved an annualized total shareholder return of 5.8% since 2017. Total shareholder return in 2025 was positively driven by increased dividends from portfolio companies and returns from financial investments. It was also impacted by downward movements in the valuations of some assets, as a result of wider market conditions, an
Foundever Successfully Closes a Holistic Recapitalization, Reducing its Debt by Nearly $900 Million and Strengthening its Financial Position for Long-Term Growth17.8.2026 14:30:00 EEST | Press release
Foundever Group S.A.® (“Foundever” or the “Company”) – a global leader in integrated customer experience, digital operations and analytics services, today announced that it has successfully closed a holistic recapitalization (the “Transaction”) in coordination with 95.4% of the lenders under its term loan facility (“Term Loan Lenders”), 100% of its revolving credit facility lenders (“RCF Lenders”), and the Company’s existing majority shareholders. The Transaction meaningfully strengthens Foundever’s financial foundation and positions the Company to invest in its growth strategy. Key terms of the Transaction include: Company's existing majority shareholders invest $225 million into common equity. Term loan facility exchange reduces the Company's total debt by nearly $900 million. Revolving credit facility maturity date is extended by more than four years to December 2030, and term loan maturity date is extended by more than 2.5 years to March 2031. Certain of the Company's RCF Lenders p
Uniphore Launches Marketing AI as Marketing Moves Beyond the CDP17.8.2026 14:30:00 EEST | Press release
Uniphore, the Business AI company, today launched Marketing AI, ushering in a new era of enterprise marketing built on customer intelligence rather than customer data management. Uniphore Marketing AI gives marketers the ability to know every customer better than ever before, predict what each customer is likely to do next and simulate marketing outcomes before committing budget. The system continuously learns from every customer interaction, making its predictions more accurate with every cycle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817325069/en/ The Uniphore Marketing AI Flywheel: A Self-Learning System Named a Leader in the 2026 Gartner® Magic Quadrant™ for Customer Data Platforms, Uniphore has helped enterprises bring customer data together while providing sovereign control over where that data lives. Marketing AI builds on that foundation, extending Uniphore’s composable approach from the data layer into the
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
