Tipp businessman Declan Kelly's advisory Consello acquires UK firm Morpheus Risk

Consello recent brought in golf star Shane Lowry as an ambassador

Tipperary businessman Declan Kelly’s advisory firm Consello has acquired UK company Morpheus Risk.

Tipperary businessman Declan Kelly’s advisory firm, Consello has expanded with an acquisition of a UK company with Irish clients in one of the fastest growth sectors: risk.

Fresh from the company’s recent announcement of a deal to bring Ryder Cup winner Shane Lowry on board as an ambassador for Consello, the global CEO advisory firm founded by Mr Kelly has made London-based risk and threat assessment firm Morpheus Risk its latest acquisition.

No fee has been given for the deal.

With the acquisition, Morpheus will join a new Consello Risk practice, further strengthening the firm’s ability to support multinational leadership teams facing operational, reputational, and security challenges.

“Consello has always focused on providing clients with direct access to the information that matters most for making informed decisions. Morpheus brings a new layer of operational expertise, creating a platform that combines strategic perspective with practical risk mitigation solutions at a moment when global volatility demands such capabilities," Consello founder and CEO Mr Kelly said on Tuesday.

 Morpheus Risk provides practical insight and operational support to leading companies and its clients are understood to include US multinationals operating in Ireland. The acquisition will see Consello provide a key risk and threat assessment service for clients faced with increased volatility in their value chains.

Among London firm’s risk and threat assessment services are investigations into fraud, corruption and insider threat, advisory on cyber threat, from terrorism to ransomware, as well as security for buildings, people and assets.

Morpheus founder and CEO James Stokley said joining Consello "significantly elevates our capabilities and greatly expands our reach. Morpheus was built by some of the world’s best operators who understand the realities of how leading global companies make decisions every day.

 "Expanding that expertise to a broader global stage allows us to continue helping senior leaders navigate uncertainty with confidence and precision.” 

The new offering will add to Consello’s existing advisory services in Ireland, including C-suite advisory, management consulting, communications and public affairs, leadership development and business transformation, and sports and entertainment advisory.

The Morpheus team includes former law enforcement, intelligence and UK security officials. Its founder and CEO Stokely spent the majority of his 25 years in the Metropolitan Police working in counter terrorism both in the UK and overseas.

Consello, which was founded just under four years ago by Mr Kelly, has offices in New York, Miami, Atlanta, Dublin, Belfast, London, Abu Dhabi, and Riyadh.