History
Kroll’s expansion started in the 1980s, when the company began helping corporate clients size up the financial standing of suitors and takeover targets. Kroll quickly became known as Wall Street’s “private eye.”
By the 1990s, strategic acquisitions and mergers helped Kroll become a full-service global risk consulting company. By acquiring companies specializing in forensic accounting, background screening, drug testing, security engineering, corporate restructuring and electronic-data recovery, Kroll was able to complement its traditional investigative and intelligence expertise.
Today, Kroll is structured to help clients overcome a wide variety of challenges they face around the world. Kroll offers a full range of risk mitigation services, including forensic accounting, valuation and litigation consulting; electronic evidence and data recovery; business intelligence and investigations; background screening, and security consulting.
Headquartered in New York with offices in more than 27 countries, its multidisciplinary corps of approximately 3,000 employees serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies, and individuals.
In 2004 Marsh & McLennan Companies, Inc. (NYSE: MMC) acquired Kroll Inc. in a $1.9 billion cash transaction. As a result of the acquisition, Kroll became an operating unit of MMC, the global professional services firm with more than 52,000 employees worldwide and annual revenue exceeding $10 billion.
