Image via The Block Research
Last updated
Ripple: Geographic Expansion
Ripple secured a preliminary MiCA CASP license in Luxembourg, establishing EU market access for digital asset services.
Source: The Block Research
The leadership read
Market entry of this kind typically deepens demand for consulting leadership bench strength in the region over the following 12–18 months.
Market context: This lands while the Talent Market Index reads 111.4 (Hot) — up 5.2 versus the prior month — and EMEA signal share is easing (-4.4pts).
Ripple: 6 signals in the last 90 days — above the Consulting median of 1 across 45 tracked companies; 0.3% of MitchelLake's Americas signal flow; 6 tracked across 79 days.
Market entry — the MitchelLake playbook
When a company expands into a new market, the first leadership hires decide whether it lands. A selection of market entries we've run:
All market-entry case studies →MitchelLake in this thematic
Also at Ripple →
More signals across Consulting
Geographic Expansion · EMEA
TechnologyOne →TechnologyOne expanding aggressively in UK market with £53m ARR, up 23%, targeting council consolidation opportunities
Restructuring · EMEA
Savannah Group →Savannah Group, a UK-based executive recruitment firm, has entered insolvency and been listed for sale after a failed pivot to AI-driven talent acquisition. Revenue fell 20% YoY (£15.6m to £12.4m), debt costs spiked 5.5x, and net profit halved. The company invested heavily in MapX, an AI recruitment platform launched publicly in February 2023 after internal development since 2019.
Partnership · EMEA
Kyndryl →Kyndryl expanded its sovereignty solutioning capabilities through strategic alliance with Microsoft, launching integrated services combining Kyndryl's Sovereignty Solutioning framework with Microsoft's Sovereign Cloud products (Azure, Microsoft 365, Azure Local) to address data residency and regulatory compliance requirements for governments and regulated industries.
Leadership Change · EMEA
Supercell →Jaakko Harlas, head of investments at Supercell, departed after 12+ years. He cited family time as reason and stated no immediate plans to join another company.
Ma Activity · EMEA
Korn Ferry →Korn Ferry to acquire UK-based AMS (talent solutions provider) from OMERS Private Equity for approximately $1.1 billion USD, combining executive search, RPO, early careers recruiting, and contingent workforce solutions. Deal expands global footprint to 120+ countries and creates combined entity of 16,000+ employees.
Ma Activity · EMEA
Publicis Groupe →Publicis Groupe is acquiring LiveRamp, a independent audience and identity data vendor. This acquisition will displace LiveRamp's existing brand clients who will need to source alternative identity resolution and audience data platforms.
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